Journal article
The influence of mindset abstraction on preference for mixed versus extreme approaches to multigoal pursuits
FC Lu, J Park, D Nayakankuppam
Journal of Consumer Psychology | JOHN WILEY & SONS LTD | Published : 2023
DOI: 10.1002/jcpy.1296
Abstract
Facing multiple conflicting goals, consumers may attempt to simultaneously pursue multiple goals by choosing mixed vice–virtue bundles in each consumption episode (mixed approach). Alternatively, they may maximize their pursuit of one goal at a time and sequentially manage multiple goals by alternating between pure-virtue and pure-vice bundles across consumption episodes (extreme approach). The current research proposes that consumer preferences between the two approaches depend on mindset abstraction. Across four experimental studies in the domains of food and financial decision-making, we demonstrate that, relative to an abstract mindset, a concrete mindset increases preference for the ext..
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Funding Acknowledgements
Department of Management and Marketing, The University of Melbourne