Multiple category decision making: Review and synthesis
In many purchase environments, consumers use information from a number of product categories prior to making a decision. These purchase situations create dependencies in choice outcomes across categories. As such, these decision problems cannot be easily modeled using the single-category, single-cho...
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1999
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sg-smu-ink.lkcsb_research-16132022-04-04T01:29:05Z Multiple category decision making: Review and synthesis Russell, Gary J. Ratneshwar, S. Shocker, Allan D. Bell, David Bodapati, Anand Degeratu, Alex Hildebrandt, Lutz Kim, Namwoon RAMASWAMI, Seshan Shankar, Venkatesh H. In many purchase environments, consumers use information from a number of product categories prior to making a decision. These purchase situations create dependencies in choice outcomes across categories. As such, these decision problems cannot be easily modeled using the single-category, single-choice paradigm commonly used by researchers in marketing. We outline a conceptual framework for categorization, and then discuss three types of cross-category dependence: cross-category consideration cross-category learning, and product bundling. We argue that the key to modeling choice dependence across categories is knowledge of the goals driving consumer behavior. 1999-01-01T08:00:00Z text application/pdf https://ink.library.smu.edu.sg/lkcsb_research/614 info:doi/10.1023/A:1008143526174 https://ink.library.smu.edu.sg/context/lkcsb_research/article/1613/viewcontent/MultipleCategoryDecisionMaking_pv.pdf http://creativecommons.org/licenses/by-nc-nd/4.0/ Research Collection Lee Kong Chian School Of Business eng Institutional Knowledge at Singapore Management University Multiple-Category Choice Consideration Sets Cross-Category Dependence Product Bundling Market Baskets Business Marketing |
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Multiple-Category Choice Consideration Sets Cross-Category Dependence Product Bundling Market Baskets Business Marketing Russell, Gary J. Ratneshwar, S. Shocker, Allan D. Bell, David Bodapati, Anand Degeratu, Alex Hildebrandt, Lutz Kim, Namwoon RAMASWAMI, Seshan Shankar, Venkatesh H. Multiple category decision making: Review and synthesis |
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In many purchase environments, consumers use information from a number of product categories prior to making a decision. These purchase situations create dependencies in choice outcomes across categories. As such, these decision problems cannot be easily modeled using the single-category, single-choice paradigm commonly used by researchers in marketing. We outline a conceptual framework for categorization, and then discuss three types of cross-category dependence: cross-category consideration cross-category learning, and product bundling. We argue that the key to modeling choice dependence across categories is knowledge of the goals driving consumer behavior. |
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text |
author |
Russell, Gary J. Ratneshwar, S. Shocker, Allan D. Bell, David Bodapati, Anand Degeratu, Alex Hildebrandt, Lutz Kim, Namwoon RAMASWAMI, Seshan Shankar, Venkatesh H. |
author_facet |
Russell, Gary J. Ratneshwar, S. Shocker, Allan D. Bell, David Bodapati, Anand Degeratu, Alex Hildebrandt, Lutz Kim, Namwoon RAMASWAMI, Seshan Shankar, Venkatesh H. |
author_sort |
Russell, Gary J. |
title |
Multiple category decision making: Review and synthesis |
title_short |
Multiple category decision making: Review and synthesis |
title_full |
Multiple category decision making: Review and synthesis |
title_fullStr |
Multiple category decision making: Review and synthesis |
title_full_unstemmed |
Multiple category decision making: Review and synthesis |
title_sort |
multiple category decision making: review and synthesis |
publisher |
Institutional Knowledge at Singapore Management University |
publishDate |
1999 |
url |
https://ink.library.smu.edu.sg/lkcsb_research/614 https://ink.library.smu.edu.sg/context/lkcsb_research/article/1613/viewcontent/MultipleCategoryDecisionMaking_pv.pdf |
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1770569626908884992 |