Literature DB >> 23696199

Influence of branding on preference-based decision making.

Marios G Philiastides1, Roger Ratcliff.   

Abstract

Branding has become one of the most important determinants of consumer choices. Intriguingly, the psychological mechanisms of how branding influences decision making remain elusive. In the research reported here, we used a preference-based decision-making task and computational modeling to identify which internal components of processing are affected by branding. We found that a process of noisy temporal integration of subjective value information can model preference-based choices reliably and that branding biases are explained by changes in the rate of the integration process itself. This result suggests that branding information and subjective preference are integrated into a single source of evidence in the decision-making process, thereby altering choice behavior.

Keywords:  bias; branding; cognitive processes; decision making; diffusion model; drift rate; evidence accumulation; judgment; preferences; response bias

Mesh:

Year:  2013        PMID: 23696199     DOI: 10.1177/0956797612470701

Source DB:  PubMed          Journal:  Psychol Sci        ISSN: 0956-7976


  11 in total

1.  Perceptual Salience and Reward Both Influence Feedback-Related Neural Activity Arising from Choice.

Authors:  Bin Lou; Wha-Yin Hsu; Paul Sajda
Journal:  J Neurosci       Date:  2015-09-23       Impact factor: 6.167

2.  It's complicated: Examining smokers' relationships with their cigarette brands.

Authors:  Sarah E Johnson; Blair N Coleman; Carol L Schmitt
Journal:  Psychol Addict Behav       Date:  2016-11-10

3.  Rethinking fast and slow based on a critique of reaction-time reverse inference.

Authors:  Ian Krajbich; Björn Bartling; Todd Hare; Ernst Fehr
Journal:  Nat Commun       Date:  2015-07-02       Impact factor: 14.919

4.  Loss Aversion Reflects Information Accumulation, Not Bias: A Drift-Diffusion Model Study.

Authors:  Summer N Clay; John A Clithero; Alison M Harris; Catherine L Reed
Journal:  Front Psychol       Date:  2017-10-10

5.  A causal role for the right frontal eye fields in value comparison.

Authors:  Ian Krajbich; Andres Mitsumasu; Christian C Ruff; Ernst Fehr; Rafael Polania
Journal:  Elife       Date:  2021-11-15       Impact factor: 8.140

6.  Locus coeruleus neurons encode the subjective difficulty of triggering and executing actions.

Authors:  Pauline Bornert; Sebastien Bouret
Journal:  PLoS Biol       Date:  2021-12-07       Impact factor: 8.029

7.  Action planning and control under uncertainty emerge through a desirability-driven competition between parallel encoding motor plans.

Authors:  Vince Enachescu; Paul Schrater; Stefan Schaal; Vassilios Christopoulos
Journal:  PLoS Comput Biol       Date:  2021-10-01       Impact factor: 4.475

8.  Does social distancing affect the processing of brand logos?

Authors:  Stefania D'Ascenzo; Elisa Scerrati; Caterina Villani; Renata Galatolo; Luisa Lugli; Roberto Nicoletti
Journal:  Brain Behav       Date:  2022-02-25       Impact factor: 2.708

9.  Effects of social sustainability signaling on neural valuation signals and taste-experience of food products.

Authors:  Laura Enax; Vanessa Krapp; Alexandra Piehl; Bernd Weber
Journal:  Front Behav Neurosci       Date:  2015-09-08       Impact factor: 3.558

10.  The Attentional Drift Diffusion Model of Simple Perceptual Decision-Making.

Authors:  Gabriela Tavares; Pietro Perona; Antonio Rangel
Journal:  Front Neurosci       Date:  2017-08-24       Impact factor: 4.677

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