Does Scarcity Add Value in Influencing Consumers in the Try-Before-You-Buy Model?

Jackson, Jonathan E.; Xu, Xun

doi:10.1080/10864415.2021.2010004

Cited by 4 publications

(4 citation statements)

References 93 publications

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“…The results showed strong direct effects of price concern and utilitarian value on impulse buying, as well as a significant mediating effect of impulse buying between price concern and food reduction intention. The results conformed to the pyramid of previous research (Tsiros and Heilman, 2005;Parizeau et al, 2015;Lahath et al, 2021;Welch et al, 2021;Jackson and Xu, 2022).…”

Section: Economic Concern Consumer Value Impulse Buying and Food Redu...supporting

confidence: 90%

“…It mainly concerns the function and benefits-cost tradeoff in buying a product/service. Higher perceived utilitarian value means the higher perceived quality of the product/service to be more practical, helpful, and reliable (Jackson and Xu, 2022), leading to higher purchase intention (Jackson and Xu, 2022). Research on green product and organic food purchase indicate that nutrition-, health-and safety-related attributes are sensed as functional attributes of the food, which lead to a favorite utilitarian attitude and higher purchasing intention toward organic food (Lee and Yun, 2015).…”

Section: Utilitarian Value and Food Waste Reduction Intentionmentioning

confidence: 99%

“…Hedonic value can bring the consumers feelings of pleasure, fashion, and surprise (Overby and Lee, 2006). Besides fulfilling their shopping tasks, hedonic consumers also seek a sense of fantasy and fun during the shopping experience (Jackson and Xu, 2022). In online shopping, consumers always meet with entertainment-purpose and out-of-routine experiences that differ from in-store shopping, which may trigger their hedonic affection and further lead to purchase behaviors (Overby and Lee, 2006;Chiu et al, 2014).…”

Section: Hedonic Value and Food Waste Reduction Behaviormentioning

confidence: 99%

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Exploring food waste prevention through advent food consumption: The role of perceived concern, consumer value, and impulse buying

Liao

Qiao²,

Wang³

et al. 2022

Front. Sustain. Food Syst.

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Every year, about one-third of food intended for human consumption is wasted along the distribution chain, in which advent food contributes a significant portion. Advent food marketing and consumption are suggested as the primary channel to use advent food and reduce food waste. With the booming of the advent food market, it is necessary to explore factors attributed to advent food purchase and food waste reduction behaviors. This study explored what consumer concern and value might influence food waste reduction intention in the context of advent food consumption. Based on a survey of Chinese consumers (N = 509), this study develops a structural equation and tests the hypotheses with consistent Smart-pls software. Results show that, as expected, health concerns, utilitarian value, and impulse buying significantly affect food waste reduction intention. Price concern, utilitarian value, and hedonic value exert direct positive effects on impulse buying, which negatively influence food waste reduction intention. In the mediating effect analysis, impulse buying partially mediates the relationship between price concern and food waste reduction intention. Theoretical and managerial implications and recommendations for future research are discussed.

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Section: Economic Concern Consumer Value Impulse Buying and Food Redu...supporting

confidence: 90%

Section: Utilitarian Value and Food Waste Reduction Intentionmentioning

confidence: 99%

Section: Hedonic Value and Food Waste Reduction Behaviormentioning

confidence: 99%

See 1 more Smart Citation

Exploring food waste prevention through advent food consumption: The role of perceived concern, consumer value, and impulse buying

Liao

Qiao²,

Wang³

et al. 2022

Front. Sustain. Food Syst.

View full text Add to dashboard Cite

show abstract

“…Further, the worldwide expansion of the Internet in recent years, and its quick acceptance and usage among people, have contributed to simplifying electronic commerce in business environments globally [1]. As a result, electronic payment systems surfaced to replace cash payment systems as busi-ness owners headed towards e-commerce platforms, which led most businesses worldwide to adopt this technology [2].…”

Section: Introductionmentioning

confidence: 99%

An Invitation Model Protocol (IMP) for the Bitcoin Asymmetric Lightning Network

Abdullah

Mutawa

2023

Symmetry

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The Lightning Network (LN), a second-layer protocol built atop Bitcoin, promises swift, low-cost transactions, thereby addressing blockchain scalability and enhancing user privacy. As the global financial technology landscape evolves, the LN’s importance in the future of fintech and the Fourth Industrial Revolution (4IR) becomes increasingly pivotal. The anticipated rise of blockchain-based payments and smart contracts in businesses demands a more agile and secure payment system. However, the LN’s early stage raises valid concerns about security and reliability, especially when implemented on a huge asymmetric network such as the Internet, potentially hindering its broader adoption. Malicious nodes could intentionally cause payment failures or initiate attacks, such as DDoS attacks, by overwhelming other nodes in the network with channel-opening requests. As a result, users will be discouraged from using the LN; hence, the technology will become obsolete as individuals will not waste the time and power investment required for using this technology. Addressing these issues, this paper proposes an innovative invitation model protocol (IMP) to reinforce the LN’s security and reliability. The IMP creates an exclusive ‘Club’ within the LN, admitting only nodes verified as honest, thereby bolstering network security and reliability. The protocol empowers Club Founders to expel members exhibiting malicious activities, thereby preserving the invested time, energy, and funds of the network’s users. The IMP was rigorously tested using Amazon Web Services Virtual Machines within the Bitcoin and Lightning Network’s Testnet environment, which is a highly asymmetric network. The results demonstrated the protocol’s efficacy in fulfilling its objectives, marking a significant step towards a safer and more efficient blockchain transaction network. As the blockchain continues to revolutionize the financial sector, implementing robust security measures such as the IMP becomes essential. This research paper introduces a novel approach to enhancing the reliability and security of a Lightning Network (LN), and thus distinguishes itself from the existing literature, by introducing an additional step before establishing or joining such a network. The research underscores the critical role of such protocols in realizing the potential of the LN in powering the next wave of fintech and industrial innovation.

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Designing a Blockchain-Based Data Market and Pricing Data to Optimize Data Trading and Welfare

Bauer-Hänsel,

Liu,

Tessone

et al. 2024

International Journal of Electronic Commerce

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Does Scarcity Add Value in Influencing Consumers in the Try-Before-You-Buy Model?

Cited by 4 publications

References 93 publications

Exploring food waste prevention through advent food consumption: The role of perceived concern, consumer value, and impulse buying

Exploring food waste prevention through advent food consumption: The role of perceived concern, consumer value, and impulse buying

An Invitation Model Protocol (IMP) for the Bitcoin Asymmetric Lightning Network

Designing a Blockchain-Based Data Market and Pricing Data to Optimize Data Trading and Welfare

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