2019
DOI: 10.1007/978-3-030-16295-5_6
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Framing, Overconfidence and Regret in Italian Mortgage Banking Litigations

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“…If the level of satisfaction is less than the expectations, it can cause regret. As discussed earlier, the level of purchase regret depends on the level of confirmation and brand identification; but the level of purchase regret is more when there are more negative outcomes rather than the neutral or positive outcome (Barreda-Tarrazona, Jaramillo-Gutierrez, Navarro-Martinez, & Sabater-Grande, 2014;Lucarelli & Mazzocchini, 2019). Therefore, when there is low confirmation and brand fails to meet customers' expectations, it creates a negative impact on purchase regret.…”
Section: Confirmation and Purchase Regretmentioning
confidence: 95%
“…If the level of satisfaction is less than the expectations, it can cause regret. As discussed earlier, the level of purchase regret depends on the level of confirmation and brand identification; but the level of purchase regret is more when there are more negative outcomes rather than the neutral or positive outcome (Barreda-Tarrazona, Jaramillo-Gutierrez, Navarro-Martinez, & Sabater-Grande, 2014;Lucarelli & Mazzocchini, 2019). Therefore, when there is low confirmation and brand fails to meet customers' expectations, it creates a negative impact on purchase regret.…”
Section: Confirmation and Purchase Regretmentioning
confidence: 95%