Latest on Consumer Behavior
Consumer Behavior Faculty
CBS Faculty Research on Consumer Behavior
Price Competition under Subsidization: Applications to Medicare Reform
We consider price competition models for oligopolistic markets, in which a significant part of the product or service price is paid by a third party, as a subsidy. The consumer is, therefore, impacted by the net price, defined as the difference between the nominal price and the subsidy, while the firms earn the full nominal price, partially paid by the subsidizing third party and the remainder by the consumer.
Organizational Learning and CRM Success: A Model for Linking Organizational Practices, Customer Data Quality, and Performance
- Authors
- Date
- February 1, 2013
- Format
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Journal Article
- Journal
- Journal of Interactive Marketing
A high quality customer database is a cornerstone of successful interactive marketing strategies and tactics. Based on the notion that customer data quality is not only a technical but also an organizational problem, this study develops and tests an organizational learning framework of the relationship between organizational processes, customer data quality and firm performance. The findings show that high quality customer data impact both customer and business performance and that the most important driver of customer data quality comes from the executive suite.
Reducing carbon-based energy consumption through changes in household behavior
- Authors
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T. Dietz, Paul Stern, and Elke Weber
- Date
- January 1, 2013
- Format
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Journal Article
- Journal
- Daedalus
Actions by individuals and households to reduce carbon-based energy consumption have the potential to change the picture of U.S. energy consumption and carbon dioxide emissions in the near term. To tap this potential, however, energy policies and programs need to replace outmoded assumptions about what drives human behavior; they must integrate insights from the behavioral and social sciences with those from engineering and economics. This integrated approach has thus far only occasionally been implemented.
Egocentric Categorization and Product Judgment: Seeing Your Traits in What You Own (and Their Opposite in What You Don't)
- Authors
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Liad Weiss and Gita Johar
- Date
- January 1, 2013
- Format
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Journal Article
- Journal
- Journal of Consumer Research
Previous research finds that consumers classify in-group (but not out-group) members as integral to their social-self. The present research is the first to propose and find that consumers also classify owned (but not unowned) objects as integral to their personal-self (Experiment 1).
Cutting the Cord: Common Trends Across the Atlantic
An interview with Gilles Fontaine, deputy chief executive officer (CEO) of IDATE, and economics professor Eli Noam of Columbia Business School is presented. When asked to define cord-cutting from a U.S. or European perspective, Noam says it refers to the dropping by consumers of expensive cable television (TV) subscriptions in exchange for online TV access. Fontaine explains why cord-cutting is not happening in Europe. Noam discusses his outlook for the triple-play model of cable firms.
The Interplay of Health Claims and Taste Importance on Food Consumption and Self-Reported Satiety
- Authors
- Date
- January 1, 2013
- Format
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Journal Article
- Journal
- Appetite
Research has shown that subtle health claims used by food marketers influence pre-intake expectations, but no study has examined how they influence individuals' post-consumption experience of satiety after a complete meal and how this varies according to the value placed on food taste. In two experiments, we assess how labeling a pasta salad as "healthy" or "hearty" influences self-reported satiety, consumption volume, and subsequent consumption of another food.
Intrinsic vs. Image-Related Utility in Social Media: Why Do People Contribute Content to Twitter?
- Authors
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Olivier Toubia and Andrew Stephen
- Date
- January 1, 2013
- Format
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Journal Article
- Journal
- Marketing Science
We empirically study the motivations of users to contribute content to social media in the context of the popular microblogging site Twitter. We focus on non-commercial users who do not benefit financially from their contributions. Previous literature suggests two main possible sources of motivation to post content for these users: intrinsic motivation and image-related motivation. We leverage the fact that these two types of motivation give rise to different predictions as to whether users should increase their contributions when their number of followers (audience size) increases.
Pre-Disclosure Accumulations by Activist Investors: Evidence and Policy
- Authors
- Date
- January 1, 2013
- Format
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Journal Article
- Journal
- The Journal of Corporation Law
The SEC is currently considering a rulemaking petition requesting that the Commission shorten the ten-day window, established by Section 13(d) of the Williams Act, within which investors must publicly disclose purchases of a 5% or greater stake in public companies. In this Article, we provide the first systematic empirical evidence on these disclosures and find that several of the petition's factual premises are not consistent with the evidence.