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Tipping Points in Consumer Choice: the Case of Collections
Conference proceeding   Peer reviewed

Tipping Points in Consumer Choice: the Case of Collections

Leilei Gao, Yanliu Huang and Itamar Simonson
Advances in Consumer Research, Vol.41
01 Jan 2013

Abstract

Antiques Behavioral decision theory Collections Commitments Consumers Product choice Studies
We propose that making a decision to collect (e.g. antiques, books) often originates from consumers escalating their commitment to something they have already had but were not initially intended to collect. We show that small differences in consumers' initial possession level significantly affect their likelihood to start a collection.

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