Avoiding Future Regret in Purchase-Timing Decisions
By Alan D. J. Cooke, Tom Meyvis, Alan G. Schwartz. 2001
188 citations recorded by the source corpus.
Subfields: Applied Psychology, General Decision Sciences, Safety Research
View Paper: https://www.semanticscholar.org/paper/49d9440e09dd82fde9721546ee872c87ed84082f
How researchers see this paper
The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.
In Applied Psychology
In General Decision Sciences
- Christopher J. Anderson
- Andrew L. Molinsky
- Douglas Dow
- Adam L. Alter
- Piers Steel
- Daniel M. Oppenheimer
In Safety Research
Citations in the corpus
- Regret in Repeat Purchase versus Switching Decisions: The Attenuating Role of Decision Justifiability (2002, unknown): “Furthermore, in our studies we did not consider that consumers might delay their decision to cope with regret (Cooke, Meyvis, and Schwartz 2001).”
- Applying regret theory to investment choices: Currency hedging decisions (2008, unknown): “As this last reference shows, regret is an important emotion when analyzing real life decision-making in the fields of medicine (see also Smith, 1996), and it has also been studied in the context of consumer choices (e.g. Simonson, 1992; Cooke et al., 2001).”
- The psychology of doing nothing: forms of decision avoidance result from reason and emotion. (2003, background): “There is evidence to suggest that regret judgments made in time-sensitive decisions are more influenced by future opportunities that will be foregone by accepting a current offer than by opportunities that have already been foregone (Cooke et al., 2001).”
- ‘Should I Buy, Hoard, or Hide?’- Consumers’ responses to perceived scarcity (2019, background): “Studies suggest that these emotional consequences of decisions are anticipated and taken into account, especially when making decisions in uncertain situations (Bechwati and Qualls 2001; Cooke, Meyvis, and Schwartz 2001).”