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The Scarcity Trap: How Perceptions Of Resource Immutability Reduces Scarcity-Induced Present Bias [abstract]

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Resumo:Consumers often find themselves trapped in a vicious cycle where financial resource scarcity decreases their psychological well-being, which in turn leads them to make present-biased financial decisions that contribute to the perpetuation of their condition. The present research explores how perceptions of resource immutability can help consumers disarm this scarcity trap. Results of six experiments (n = 1,801) and a secondary dataset (n = 51,288) reveal that perceptions of resource immutability reduce the present bias that characterizes the decisions of consumers facing scarcity episodes. Reported findings also show that this effect is contingent on consumers who perceive themselves to be socioeconomically vulnerable and is mediated by positive appraisals of the scarcity episodes. In addition to contributing to the literature on resource scarcity, this research provides substantial implications for interventions that can help consumers disarm the scarcity trap.
Autores principais:Pinto, Diego Costa
Outros Autores:Castagna, Ana Carina; Hidelbrand, Diogo
Assunto:Consumer Behaviour Customer Satisfaction and Delight SDG 1 - No Poverty
Ano:2023
País:Portugal
Tipo de documento:documento de conferência
Tipo de acesso:acesso aberto
Instituição associada:Universidade Nova de Lisboa
Idioma:inglês
Origem:Repositório Institucional da UNL
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author Pinto, Diego Costa
author2 Castagna, Ana Carina
Hidelbrand, Diogo
author2_role author
author
author_facet Pinto, Diego Costa
Castagna, Ana Carina
Hidelbrand, Diogo
author_role author
contributor_name_str_mv Information Management Research Center (MagIC) - NOVA Information Management School
NOVA Information Management School (NOVA IMS)
RUN
country_str PT
creators_json_txt [{\"Person.name\":\"Pinto, Diego Costa\"},{\"Person.name\":\"Castagna, Ana Carina\"},{\"Person.name\":\"Hidelbrand, Diogo\"}]
datacite.contributors.contributor.contributorName.fl_str_mv Information Management Research Center (MagIC) - NOVA Information Management School
NOVA Information Management School (NOVA IMS)
RUN
datacite.creators.creator.creatorName.fl_str_mv Pinto, Diego Costa
Castagna, Ana Carina
Hidelbrand, Diogo
datacite.date.Accepted.fl_str_mv 2023-05-24T00:00:00Z
datacite.date.available.fl_str_mv 2023-11-07T22:14:27Z
datacite.date.embargoed.fl_str_mv 2023-11-07T22:14:27Z
datacite.rights.fl_str_mv http://purl.org/coar/access_right/c_abf2
datacite.subjects.subject.fl_str_mv Consumer Behaviour
Customer Satisfaction and Delight
SDG 1 - No Poverty
datacite.titles.title.fl_str_mv The Scarcity Trap: How Perceptions Of Resource Immutability Reduces Scarcity-Induced Present Bias [abstract]
dc.contributor.none.fl_str_mv Information Management Research Center (MagIC) - NOVA Information Management School
NOVA Information Management School (NOVA IMS)
RUN
dc.creator.none.fl_str_mv Pinto, Diego Costa
Castagna, Ana Carina
Hidelbrand, Diogo
dc.date.Accepted.fl_str_mv 2023-05-24T00:00:00Z
dc.date.available.fl_str_mv 2023-11-07T22:14:27Z
dc.date.embargoed.fl_str_mv 2023-11-07T22:14:27Z
dc.format.none.fl_str_mv application/pdf
dc.identifier.none.fl_str_mv http://hdl.handle.net/10362/159689
dc.language.none.fl_str_mv eng
dc.publisher.none.fl_str_mv European Marketing Academy (EMAC)
dc.rights.none.fl_str_mv http://purl.org/coar/access_right/c_abf2
dc.subject.none.fl_str_mv Consumer Behaviour
Customer Satisfaction and Delight
SDG 1 - No Poverty
dc.title.fl_str_mv The Scarcity Trap: How Perceptions Of Resource Immutability Reduces Scarcity-Induced Present Bias [abstract]
dc.type.none.fl_str_mv http://purl.org/coar/resource_type/c_c94f
description Consumers often find themselves trapped in a vicious cycle where financial resource scarcity decreases their psychological well-being, which in turn leads them to make present-biased financial decisions that contribute to the perpetuation of their condition. The present research explores how perceptions of resource immutability can help consumers disarm this scarcity trap. Results of six experiments (n = 1,801) and a secondary dataset (n = 51,288) reveal that perceptions of resource immutability reduce the present bias that characterizes the decisions of consumers facing scarcity episodes. Reported findings also show that this effect is contingent on consumers who perceive themselves to be socioeconomically vulnerable and is mediated by positive appraisals of the scarcity episodes. In addition to contributing to the literature on resource scarcity, this research provides substantial implications for interventions that can help consumers disarm the scarcity trap.
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identifier.url.fl_str_mv http://hdl.handle.net/10362/159689
inst_facet_str urn:organizationAcronym:unl{{{_:::_}}}Universidade Nova de Lisboa
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language eng
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oai_identifier_str oai:run.unl.pt:10362/159689
organization_str_mv urn:organizationAcronym:unl
person_str_mv Pinto, Diego Costa
Castagna, Ana Carina
Hidelbrand, Diogo
publishDate 2023
publisher.none.fl_str_mv European Marketing Academy (EMAC)
repo_facet_str urn:repositoryAcronym:run{{{_:::_}}}Repositório Institucional da UNL
reponame_str Repositório Institucional da UNL
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spelling engEuropean Marketing Academy (EMAC)enConsumers often find themselves trapped in a vicious cycle where financial resource scarcity decreases their psychological well-being, which in turn leads them to make present-biased financial decisions that contribute to the perpetuation of their condition. The present research explores how perceptions of resource immutability can help consumers disarm this scarcity trap. Results of six experiments (n = 1,801) and a secondary dataset (n = 51,288) reveal that perceptions of resource immutability reduce the present bias that characterizes the decisions of consumers facing scarcity episodes. Reported findings also show that this effect is contingent on consumers who perceive themselves to be socioeconomically vulnerable and is mediated by positive appraisals of the scarcity episodes. In addition to contributing to the literature on resource scarcity, this research provides substantial implications for interventions that can help consumers disarm the scarcity trap.application/pdfenThe Scarcity Trap: How Perceptions Of Resource Immutability Reduces Scarcity-Induced Present Bias [abstract]Pinto, Diego CostaCastagna, Ana CarinaHidelbrand, DiogoInformation Management Research Center (MagIC) - NOVA Information Management SchoolNOVA Information Management School (NOVA IMS)HostingInstitutionOrganizationalRUNe-mailmailto:run@unl.ptrun@unl.ptISSNIsPartOf2709-1589URNIsPartOfPURE: 75532386URNIsPartOfPURE UUID: d5a61296-a9f2-45ca-b4c9-6e89aa99513fURNIsPartOfORCID: /0000-0003-4418-9450/work/1525518192023-11-07T22:14:27Z2023-05-242023-05-24T00:00:00ZHandlehttp://hdl.handle.net/10362/159689http://purl.org/coar/access_right/c_abf2open accessConsumer BehaviourCustomer Satisfaction and DelightSDG 1 - No Poverty229117 bytesother research producthttp://purl.org/coar/resource_type/c_c94fconference objecthttp://purl.org/coar/access_right/c_abf2application/pdffulltexthttps://run.unl.pt/bitstreams/ba8a6f55-1f21-4dd7-a70f-71f35d6b2a1c/download
spellingShingle The Scarcity Trap: How Perceptions Of Resource Immutability Reduces Scarcity-Induced Present Bias [abstract]
Pinto, Diego Costa
Consumer Behaviour
Customer Satisfaction and Delight
SDG 1 - No Poverty
status SINGLETON
subject.fl_str_mv Consumer Behaviour
Customer Satisfaction and Delight
SDG 1 - No Poverty
title The Scarcity Trap: How Perceptions Of Resource Immutability Reduces Scarcity-Induced Present Bias [abstract]
title_full The Scarcity Trap: How Perceptions Of Resource Immutability Reduces Scarcity-Induced Present Bias [abstract]
title_fullStr The Scarcity Trap: How Perceptions Of Resource Immutability Reduces Scarcity-Induced Present Bias [abstract]
title_full_unstemmed The Scarcity Trap: How Perceptions Of Resource Immutability Reduces Scarcity-Induced Present Bias [abstract]
title_short The Scarcity Trap: How Perceptions Of Resource Immutability Reduces Scarcity-Induced Present Bias [abstract]
title_sort The Scarcity Trap: How Perceptions Of Resource Immutability Reduces Scarcity-Induced Present Bias [abstract]
topic Consumer Behaviour
Customer Satisfaction and Delight
SDG 1 - No Poverty
topic_facet Consumer Behaviour
Customer Satisfaction and Delight
SDG 1 - No Poverty
url http://hdl.handle.net/10362/159689
visible 1