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Author:Swinyard, W. R.
Whitlark, D. B.
Title:The effect of customer dissatisfaction on store repurchase intentions: a little goes a long way
Journal:International Review of Retail, Distribution and Consumer Research
1994 : JUL, VOL. 4:3, p. 329-344
Index terms:CUSTOMERS
PURCHASING
RETAILING
Language:eng
Abstract:Prospect theory is a theory of asymmetry which argues that dissatisfaction has a much greater negative effect than satisfaction's positive effect. This theory is tested in a controlled experiment, which shows that satisfying and dissatisfying experiences do not affect return intentions equally. In their effect on store return intentions, the negative effect of a dissatisfying shopping experience was found to be about twice as great as that of a satisfying experience. These results have significant impact on retailing practice.
SCIMA record nr: 116329
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