LESS IS BETTER - WHEN LOW-VALUE OPTIONS ARE VALUED MORE HIGHLY THAN HIGH-VALUE OPTIONS

Authors
Citation
Ck. Hsee, LESS IS BETTER - WHEN LOW-VALUE OPTIONS ARE VALUED MORE HIGHLY THAN HIGH-VALUE OPTIONS, Journal of behavioral decision making, 11(2), 1998, pp. 107-121
Citations number
26
Categorie Soggetti
Psychology, Applied
ISSN journal
08943257
Volume
11
Issue
2
Year of publication
1998
Pages
107 - 121
Database
ISI
SICI code
0894-3257(1998)11:2<107:LIB-WL>2.0.ZU;2-U
Abstract
This research demonstrates a less-is-better effect in three contexts: (1) a person giving a $45 scarf as a gift was perceived to be more gen erous than one giving a $55 coat; (2) an overfilled ice cream serving with 7 oz of ice cream was valued more than an underfilled serving wit h 8 oz of ice cream; (3) a dinnerware set with 24 intact pieces was ju dged more favourably than one with 31 intact pieces (including the sam e 24) plus a few broken ones. This less-is-better effect occurred only when the options were evaluated separately, and reversed itself when the options were juxtaposed. These results are explained in terms of t he evaluability hypothesis, which states that separate evaluations of objects are often influenced by attributes which are easy to evaluate rather than by those which are important. (C) 1998 John Wiley & Sons, Ltd.