34.1 Overview
Behavioral Decision Theory (i.e., study judgment and decisions) (Kahnenman & Tversky) vs Social Cognition
- Both use mediation and path analysis
Positivist (focuses on causation) Versus Postmordern (focuses on interpretation)
Behavioral Decision Theory | Social Cognition | |
---|---|---|
Underlying model | decision-making model, (e.g., determinants of choice) | response hierarchy model (i.e., how judgments and attitudes are formed) |
Phenomena/ Task | Stimulus-based | Memory-based |
Measures | Information acquisition, verbal protocols, and response time | Cognitive response |
Types fo Consumer Research:
Theory Development
Theory Application
- limited impact on managerial practice
Theory-Testing vs. Substantive Phenomena-Driven Consumer Research
(Janiszewski, Labroo, and Rucker 2016)
Deductive-Conceptual Knowledge
A theory is “a statement of concepts and their interrelationships that shows how and/or why a phenomenon occurs.” (Corley and Gioia 2011)
Knowledge Creation Strategies:
Bridging disciplines
Challenging assumptions
Introducing mediators and moderators
Contrastive explanation
Borrowing and blending
Knowledge Appreciation
Quality of the contribution
- depends on rigor, and execution of research method
Benefit of the contribution
Originality / Novelty
Interestingness
Changes in core understanding/beliefs
Integration (i.e., tree of knowledge)