PsyPost
  • Mental Health
  • Social Psychology
  • Cognitive Science
  • Neuroscience
  • About
No Result
View All Result
Join
My Account
PsyPost
No Result
View All Result
Home Exclusive Social Psychology Business

How do consumers estimate a good time?

by University of Chicago Press Journals
March 17, 2011
Reading Time: 2 mins read
Share on TwitterShare on Facebook

High Chaparral Theme ParkConsumers estimate they’ll spend more time enjoying activities when the tasks are broken down into components, according to a new study in the Journal of Consumer Research. But using the same process for an unpleasant event decreases time estimates.

“It has been well established that predicted consumption time plays a central role in consumers’ evaluations and purchase decisions,” write authors Claire I. Tsai and Min Zhao (both University of Toronto). “If consumers foresee spending a lot of time using a product or service (such as gym membership or cable TV), they are more likely to purchase it.”

In three experiments with 500 participants the authors found that consumers’ predicted consumption time was influenced by their assessment of the consumption experience (positive or negative) and the way the experience was represented. “Unpacking a pleasurable event into several subactivities increases the time consumers expect to spend on the event,” the authors write.

When consumers face an unpleasant event, the more constituent components they consider, the greater displeasure they expect. “People have a lay belief that they will spend more time on pleasant events than unpleasant ones, so the changes in predicted enjoyment or displeasure caused by unpacking systematically influence the amount of time consumers expect to spend using a product or service,” the authors write.

In one experiment, the researchers asked participants to predict how much time they would spend on an overarching event—attending social activities throughout a weekend. The event consisted of a blind date, a birthday party, and a phone conversation. The weekend was described as pleasant or unpleasant and it was presented either in one paragraph or three bullet points. Half the participants made a single time estimate for the overarching event, and the rest made separate time estimates for the individual components.

“When the event was described as pleasant, unpacking increased the predicted enjoyment, which in turn increased predicted consumption time,” the authors write. “However, when the event was described as unpleasant, unpacking increased the predicted displeasure and thus reduced time estimates.”

Google News Preferences Add PsyPost to your preferred sources
TweetSendScanShareSendPinShareShareShareShareShare

Follow PsyPost

The latest research, however you prefer to read it.

Daily newsletter

One email a day. The newest research, nothing else.

Google News

Get PsyPost stories in your Google News feed.

Add PsyPost to Google News
RSS feed

Use your favorite reader.

Copy RSS URL
Social media
Support independent science journalism

Ad-free reading, full archives, and weekly deep dives for members.

Become a member

Trending

  • Study reveals a psychological link between feeling disadvantaged and using people
  • A simple 30-minute daily routine may help slow cognitive decline
  • Study suggests waist-to-bust ratio, not waist-to-hip ratio, drives female body attractiveness among Japanese men
  • GLP-1 drugs like Ozempic might help clear Alzheimer’s disease plaques, new review suggests
  • How five psychological traits predict a person’s breaking point

Science of Money

  • How “mental time travel” turns product images into purchases
  • New study: A gorgeous office won’t make you more productive, but you’ll think it will
  • Do we really get more cautious with money as we age? It depends on how you ask
  • New research links return-to-office mandates to leader narcissism
  • Shareholder support for women directors shrinks in religious and conservative corporate hometowns

Recent

  • ADHD medication helps children focus by stabilizing brain networks, new study suggests
  • Single people who pursue novel activities report better psychological health, study finds
  • Social anxiety and depression appear to change the way we process feedback
  • Gratitude makes people more helpful, but it doesn’t overcome the bystander effect
  • Psychological distress isolates men more than women, according to a 14-year study
  • Brief DMT trips linked to lasting improvements in quality of life for depressed patients
  • How a year abroad shapes student personality
  • Animal studies suggest that reproductive behavior fully recovers after puberty-blocking treatment ends
  • A climate-friendly diet might protect your brain by slowing cellular aging
  • Many video game trolls are actually just vigilantes acting on a misunderstanding, study suggests

PsyPost is a psychology and neuroscience news website dedicated to reporting the latest research on human behavior, cognition, and society. (READ MORE...)

  • Mental Health
  • Neuroimaging
  • Personality Psychology
  • Social Psychology
  • Artificial Intelligence
  • Cognitive Science
  • Psychopharmacology
  • Contact us
  • Disclaimer
  • Privacy policy
  • Terms and conditions

(c) PsyPost Media Inc

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

Subscribe
  • My Account
  • Cognitive Science Research
  • Mental Health Research
  • Social Psychology Research
  • Drug Research
  • Relationship Research
  • About PsyPost
  • Contact
  • Privacy Policy

(c) PsyPost Media Inc