Illusionary Progress in Loyalty Programs: Magnitudes, Reward Distances, and Step-Size Ambiguity
By Rajesh Bagchi, Xingbo Li. 2011
125 citations recorded by the source corpus.
Subfields: Applied Psychology, General Decision Sciences, Marketing
View Paper: https://www.semanticscholar.org/paper/19610b61179ffaa1c7952c1bb3f42448d7085bb5
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In Applied Psychology
In General Decision Sciences
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Citations in the corpus
- The Small-Area Hypothesis: Effects of Progress Monitoring on Goal Adherence (2012, methodology): “We explore the small-area hypothesis and test it in a series of field and lab studies that use both real and experimentally designed reward programs.”
- How to Make a 29% Increase Look Bigger: The Unit Effect in Option Comparisons (2011, background): “For example, Bagchi and Li (2011) investigated how the number of points needed for a reward in a loyalty program (e.g., 1,000 vs. 100) and the number of points acquired by a standard transaction (e.g., 10 per dollar vs. 1 per dollar) affect store loyalty and perceived progress toward the reward.”
- Years, Months, and Days versus 1, 12, and 365: The Influence of Units versus Numbers (2012, background): “Bagchi and Li (2011) show that step sizes are considered when they are unambiguous (receive 10 points) but ignored when they are ambiguous (receive 5–15 points).”