Subscribe
The latest psychology and neuroscience discoveries.
My Account
  • Mental Health
  • Social Psychology
  • Cognitive Science
  • Psychopharmacology
  • Neuroscience
  • About
No Result
View All Result
PsyPost
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
in Business
Share on TwitterShare on Facebook
Follow PsyPost on Google News

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.”

TweetSendScanShareSendPinShareShareShareShareShare

RELATED

Here’s what the data says about who actually benefits from DEI
Business

Here’s what the data says about who actually benefits from DEI

May 31, 2025

What’s the actual impact of diversity, equity, and inclusion? A sociologist unpacks decades of research showing how DEI programs affect businesses, education, and the broader economy—highlighting who benefits, who doesn’t, and what the data really says.

Read moreDetails
Narcissistic CEOs are more likely to fake emotions when they feel lonely, study finds
Business

Narcissistic CEOs are more likely to fake emotions when they feel lonely, study finds

May 29, 2025

When narcissistic CEOs feel lonely, they are more likely to hide their true emotions and perform socially expected ones instead, according to a new study examining how personality and isolation shape emotional behavior at the executive level.

Read moreDetails
Poor sleep can bring out the ‘dark side’ of personality at work, study finds
Business

Poor sleep can bring out the ‘dark side’ of personality at work, study finds

May 29, 2025

New research shows that bad sleep can bring out the worst in people at work. Employees who slept poorly were more likely to display manipulative, narcissistic, and emotionally detached behaviors—traits linked to the so-called “dark triad” of personality.

Read moreDetails
Encountering romantic temptation nudges men and women toward different types of purchases
Business

Encountering romantic temptation nudges men and women toward different types of purchases

May 28, 2025

Experiencing romantic desire for someone outside a relationship can trigger subtle psychological shifts. A new study reveals that these feelings influence what people buy—encouraging men to seek shared experiences and women to opt for practical, lasting possessions.

Read moreDetails
Neuroforecasting: New research shows brain activity can predict crowd preferences
Business

Neuroforecasting: New research shows brain activity can predict crowd preferences

May 21, 2025

A new study reveals that brain activity, particularly in regions linked to emotion, predicts market preferences more accurately than self-reported choices—especially when samples aren’t demographically representative. Neural signals offered consistent forecasts even when behavioral data failed.

Read moreDetails
Political doxing in the hiring process: New study reveals impact on job candidate evaluations
Autism

Why people with autism struggle to get hired

April 23, 2025

New research shows that social behaviors often misunderstood by interviewers can overshadow qualifications, leading to unfair hiring decisions.

Read moreDetails
Money and happiness: Major psychology study reveals surprising differences between income and financial satisfaction
Business

Money and happiness: Major psychology study reveals surprising differences between income and financial satisfaction

April 10, 2025

New research reveals that financial satisfaction is tied to present well-being, but income predicts how people’s happiness shifts over time.

Read moreDetails
A demanding work culture could be quietly undermining efforts to raise birth rates
Business

A demanding work culture could be quietly undermining efforts to raise birth rates

April 1, 2025

Overtime, weekend work, and night shifts are linked to lower fertility intentions in China.

Read moreDetails

SUBSCRIBE

Go Ad-Free! Click here to subscribe to PsyPost and support independent science journalism!

STAY CONNECTED

LATEST

New study finds link between sexism and denial of male victimhood in relationships

Viral AI-images highlight how Trump engages in “victimcould,” scholar argues

Breakfast habits are associated with depressive symptoms, study finds

Neuroscientists detect decodable imagery signals in brains of people with aphantasia

Loneliness predicts an increase in TV viewing for older women, but not for men

Othello syndrome: Woman’s rare stroke leads to psychotic delusions of infidelity

How to protect your mental health from a passive-aggressive narcissist

Dark personality traits linked to generative AI use among art students

         
       
  • Contact us
  • Privacy policy
  • Terms and Conditions
[Do not sell my information]

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