2021
DOI: 10.1108/jcm-09-2020-4119
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Consumer skepticism about online reviews and their decision-making process: the role of review self-efficacy and regulatory focus

Abstract: Purpose Despite skepticism, consumers rely on online reviews for their purchase decisions. However, academics mostly argue that skepticism has an inverse relationship with consumer decision-making. This study aims to investigate the relationship among skepticism, reliance and consumer purchase decisions in an online review context. It also investigates the moderating role of review self-efficacy and regulatory focus in the relationship between skepticism and reliance on online reviews. Design/methodology/app… Show more

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Cited by 19 publications
(12 citation statements)
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References 71 publications
(115 reference statements)
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“…Third, we contribute to existing research on individual difference variables such as regulatory focus (Ahmad & Guzmán, 2021; Das et al., 2020; Higgins et al., 2020), sense of power (Lee et al, 2018; Tassiello et al., 2021), self vs. other focus (Liu et al., 2019; Lu & Xie, 2019) and construal mindset (Kim et al., 2021; Sinha & Lu, 2019; Sordi et al., 2018) by showing their moderating influence on the price order effect. Existing research on these individual difference variables show that they can influence loss aversion.…”
Section: Discussionmentioning
confidence: 99%
See 1 more Smart Citation
“…Third, we contribute to existing research on individual difference variables such as regulatory focus (Ahmad & Guzmán, 2021; Das et al., 2020; Higgins et al., 2020), sense of power (Lee et al, 2018; Tassiello et al., 2021), self vs. other focus (Liu et al., 2019; Lu & Xie, 2019) and construal mindset (Kim et al., 2021; Sinha & Lu, 2019; Sordi et al., 2018) by showing their moderating influence on the price order effect. Existing research on these individual difference variables show that they can influence loss aversion.…”
Section: Discussionmentioning
confidence: 99%
“…In particular, this research contributes to existing price order effect research (Bennett et al., 2003; Bitta & Monroe, 1974; Brennan, 1995; Cai & Xu, 2008; DeMoranville et al., 2015; Garbarino & Slonim, 1995; Monroe, 1990; Slonim & Garbarino, 1999; Smith & Nagle, 1995; Suk et al., 2012) by identifying specific dispositional and situational moderators for the effect, and providing additional evidence for the underlying process for the effect involving loss aversion. In addition, we also contribute to recent consumer research on moderators of loss aversion (Gal & Rucker, 2018; Higgins & Liberman, 2018; Mrkva et al., 2020), and that related to important consumer decision making‐related factors such as regulatory focus (Ahmad & Guzmán, 2021; Das et al., 2020; Higgins et al., 2020), sense of power (Lee, 2018; Tassiello et al., 2021), self vs. other focus (Liu et al., 2019; Lu & Xie, 2019) and construal mindset (Kim et al., 2021; Sinha & Lu, 2019; Sordi et al., 2018). Our research also has important managerial implications.…”
Section: Introductionmentioning
confidence: 91%
“…Consumers choose the method of processing information through the availability of information resources, which reflects the relationship between external stimuli and information processing configurations ( Yan and Bai, 2004 ). If decision information resources are sufficient, affective-oriented processing will be performed first to quickly assess the importance of emotions, and then cognitive orientation will be activated to generate solid support reasons for making decisions ( Ahmad and Guzmán, 2021 ). On the contrary, if information resources are insufficient, affective-oriented processing will be limited, which in turn will affect cognitive-oriented processing and participants’ decision-making ( Keer et al, 2010 ).…”
Section: Hypotheses Development and Theoretical Foundationmentioning
confidence: 99%
“…Consumer skepticism toward marketing and communication activities has a long research history [ 80 ]. Particularly in the digital environment, it has been shown that the level of skepticism toward web-based information can play a significant role in different types of decision-making [ 81 , 82 ]. A distinctive expression of consumer skepticism is review skepticism , which can be defined as mistrust toward electronic word of mouth in the context of web-based reviews [ 83 ].…”
Section: Introductionmentioning
confidence: 99%
“…A distinctive expression of consumer skepticism is review skepticism , which can be defined as mistrust toward electronic word of mouth in the context of web-based reviews [ 83 ]. In our study, review skepticism was conceptualized as a dispositional form of skepticism and not a situational one [ 81 ]. As it can be assumed that individuals who reveal a higher level of review skepticism are even more critical toward information on PRWs, we postulate that a high level of review skepticism weakens the effects between s ocial influence and the behavioral intention to use PRWs as well as between social influence and credibility of PRWs (hypothesis 8b).…”
Section: Introductionmentioning
confidence: 99%