Consumer resistance and inertia of retail investors: Development of the resistance adoption inertia continuance (RAIC) framework

Envisioning the Future of Behavioral Decision-Making: A Systematic Literature Review of Behavioral Reasoning Theory

“…Scholars have used BRT in the context of online services , which includes mobile learning apps (Pillai and Sivathanu, 2018), mobile-banking (Gupta and Arora, 2017a), mobile shopping (Gupta and Arora, 2017b), beauty box subscription (Sivathanu, 2018a), and internet of things-based wearables (Sivathanu, 2018b). Similarly, BRT has been used in contexts such as charity , which includes apparel donation (Park et al, 2017), monetary donations (Chatzidakis et al, 2016), non-profit volunteering (Arli and Lasmono, 2015; Briggs et al, 2010); sustainability , which includes sustainable transportation (Claudy and Peterson, 2014; Peterson, and Simkins, 2019), renewable energy systems (Claudy et al, 2013, sustainable clothing (Diddi et al, 2019); and employee behavior , which covers error reporting (Russo et al, 2015), technological change (Vakola, 2016), turnover and relocation (Westaby, 2005), and whistleblowing (Oh and Teo, 2010). Other BRT studies are related to binge drinking (Norman et al, 2012), entrepreneurship (Miralles et al, 2017), innovation (Claudy et al, 2015), leadership decision-making (Westaby et al, 2010), organic food (Ryan and Casidy, 2018), and performance enhancement drugs (Lazuras et al, 2017).…”

“…Thus, BRT studies on diverse geographical, cultural, and demographic contexts are needed in order to determine the effectiveness of the theory in diverse contexts and environments. Gaps related to study design : A high number of BRT studies have used a cross-sectional study design, which has its own limitations, namely, lack of causality and methodological biases. Other research designs are needed to enhance the generalizability of the current findings. Gaps related to mediation and moderation effects in SEM : Only a few studies in the past have investigated the mediating relationships among BRT constructs (see Claudy et al, 2013; Norman et al, 2012; Ryan and Casidy, 2018; Russo et al, 2015; Westaby et al, 2010). Similarly, our review suggests that only a few studies (see Ryan and Casidy, 2018; Miralles et al, 2017; Claudy et al, 2013; Briggs et al, 2010; Oh and Teo, 2010) have investigated the effect of moderating variables.…”

Has financial attitude impacted the trading activity of retail investors during the COVID-19 pandemic?

“…This development is exciting from the perspective of policymakers and firms who have been trying to encourage retail investors to participate in the stock markets. However, retail investors may contribute to making the markets even more unstable through their biases and psychologically driven responses ( Seth et al, 2020 ). Due to this, there is an exigent need to elucidate the factors driving retail investors' trading activity during such a crisis.…”

“…Retail investors differ from institutional investors by way of their investment size, resources, access to research, and professional advice ( Bhattacharya et al, 2012 ). Moreover, retail investors are influenced by several rational and irrational factors while making decisions related to where and when to invest ( Seth et al, 2020 ). Apart from this, these investors also tend to have a different approach toward managing their finances.…”

Managing digital transformation of smart cities through enterprise architecture – a review and research agenda

“…Digitalisation refers to a socio-technical method of adopting digitising techniques to improve social and institutional contexts (Seth et al 2020). Digitalisation defines how IT or digital technologies can be deployed to change existing municipality's processes.…”