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Vulnerable maximizers: The role of decision difficulty

Published online by Cambridge University Press:  01 January 2023

Kaeun Kim*
Affiliation:
University of Massachusetts Amherst, Isenberg School of Management, 121 Presidents Drive, Amherst, MA 01003
Elizabeth G. Miller
Affiliation:
University of Massachusetts Amherst
*
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Abstract

Adding to prior literature that has examined the relationship between maximization and dissatisfaction, the present research suggests that maximizers, as defined by the original maximization scale, are unhappier decision makers than satisficers because maximizers fail to adequately handle dissonant experiences. Throughout three studies that use different conceptualization and measurement of maximization, we show that maximizers are more vulnerable to negative feedback about one’s choice such that they decrease positivity toward the chosen option to a greater level than satisficers. However, this effect was mainly driven by the decision difficulty factor in the conceptualization of maximization. When decision difficulty was conceptualized as a defining component of maximization (Study 1 and 2), “maximizers” show greater positivity drop in the face of negative feedback. However, in the absence of a decision difficulty component, a recently proposed two-component model of maximization (the goal to get the best and search for alternatives; Cheek & Schwartz, 2016) did not play a significant role in predicting positivity drop, while perceived decision difficulty did (Study 3). Together our findings suggest that previously reported contradictory outcomes of maximization may be due to inconsistent conceptualization and measurement, especially treating decision difficulty as a defining component of maximization.

Information

Type
Research Article
Creative Commons
Creative Common License - CCCreative Common License - BY
The authors license this article under the terms of the Creative Commons Attribution 3.0 License.
Copyright
Copyright © The Authors [2017] This is an Open Access article, distributed under the terms of the Creative Commons Attribution license (http://creativecommons.org/licenses/by/3.0/), which permits unrestricted re-use, distribution, and reproduction in any medium, provided the original work is properly cited.
Figure 0

Table 1: Maximization Correlations with Positivity and Descriptive Statistics (Study 1).

Figure 1

Table 2: Mean positivity ratings for low vs. high maximizing/satisficing scores (median split).

Figure 2

Table 3: Maximization correlations with positivity and descriptive statistics (Study 2).

Figure 3

Table 4: Maximization Correlations with Positivity and Descriptive Statistics (Study 3).

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