Goal-based construction of preferences: Task goals and the prominence effect

Citation
Gw. Fischer et al., Goal-based construction of preferences: Task goals and the prominence effect, MANAG SCI, 45(8), 1999, pp. 1057-1075
Citations number
31
Categorie Soggetti
Management
Journal title
MANAGEMENT SCIENCE
ISSN journal
00251909 → ACNP
Volume
45
Issue
8
Year of publication
1999
Pages
1057 - 1075
Database
ISI
SICI code
0025-1909(199908)45:8<1057:GCOPTG>2.0.ZU;2-F
Abstract
Preferences inferred from choice are more likely to favor the alternative t hat is superior with respect to the prominent (most important or salient) a ttribute than are preferences inferred from matching (direct tradeoff) judg ments. This prominence effect violates standard models of rational choice a nd complicates the task of measuring preferences. In this article, we propo se a new task-goal hypothesis regarding the prominence effect: The prominen t attribute receives more weight in tasks whose goal is to differentiate am ong options than in tasks whose goal is to equate options. We use this hypo thesis to generalize the prominence effect beyond choice and matching to se veral additional tasks, including the choice-based matching and difference comparison methods that are widely employed in decision analysis. The resul ts of three studies provide strong support for the task-goat account of the prominence effect and cast doubt on competing explanations. We discuss the implications of these findings for descriptive decision theory and for pre ference measurement in decision analysis, public policy, and marketing.