Scepticism and resistance to IoMT in healthcare: Application of behavioural reasoning theory with configurational perspective

A two-country study on the psychological antecedents to cryptocurrency investment decision-making

“…Third, this study has shown that when consumers express skepticism toward an object and in this case cryptocurrency investment, this significantly inhibits attitude toward investing in cryptocurrency. While this research finding is new in the literature on cryptocurrency, the research insights are, however, logically consistent with suggestions in past research and wherein skepticism is argued to be an important barrier to new product/technology acceptance (Chouk and Mani 2019;Hajiheydari et al 2021;Morel and Pruyn 2003). Besides, the research finding parallels prior study in a different context that found ad skepticism to be significantly related to attitude toward no junk mail stickers (see Simon 2016 for details).…”

“…Interestingly, it has been found that skepticism leads to negative beliefs towards an object and consequently dampening individuals' attitude toward the adoption of the object (Simon 2016) and further implicating resistance to use the object (cf. Hajiheydari et al 2021). According to Arli et al (2021) and Todorov (2017), although there are several cryptocurrencies currently in use; security issues are making customers more anxious and further doubtful about the promises of cryptocurrency to potential investors.…”

“…Prior literature has noted that for new technologies such as cryptocurrencies, consumers tend to develop skepticism towards them mostly because they are unfamiliar with them and further undermining their acceptance in the marketplace (e.g. Chouk and Mani 2019; Hajiheydari et al 2021;Morel and Pruyn 2003). In fact, according to the conclusions in Chouk and Mani (2019) and Hajiheydari (2021), skepticism acts as a barrier to new technology acceptance.…”

“…Chouk and Mani 2019; Hajiheydari et al 2021;Morel and Pruyn 2003). In fact, according to the conclusions in Chouk and Mani (2019) and Hajiheydari (2021), skepticism acts as a barrier to new technology acceptance. Extending this line of argument further, we argue that when potential investors develop significant doubt about cryptocurrency, even in the face of no verifiable evidence whatsoever, there is a strong likelihood that this will dampen their attitudes toward investing in cryptocurrencies.…”

“…At the same time, we should note that the publications by Echchabi et al (2021) and Mazambani and Mutambara (2019) merely validated the TPB constructs of perceived behavioral control, attitude and subjective norm in the context and thus heavily overlooked other important idiosyncratic factors such as individual disposition to trust, risk and skepticism that could prove to be contextually relevant, especially when making decisions about whether to engage in risky investments such as cryptocurrencies According to a recent review of the literature on cryptocurrency (Angerer et al 2020), individuals' perception of risk is a major concern, suggesting the need to empirically validate the role that risk disposition potentially plays in cryptocurrency investment decision-making. Similarly, our decision to further extend TPB with both individual's disposition to trust and skepticism toward cryptocurrency investment has been informed by past research such as those of Arli et al (2021) and Gupta et al (2021) who highlighted the importance of trust in cryptocurrency acceptance/investment intentions as well as the research of Chouk and Mani (2019) that highlights the extent to which consumer skepticism towards a less-familiar product eventually hinders the product acceptance (see also Hajiheydari et al 2021). As a result, our specific objective in this study is to extend TPB to the current context but also expand the theory by incorporating idiosyncratic factors, otherwise known as individual traits, and including individual disposition to risk, trust, and skepticism in the investigation of individuals' willingness to invest in cryptocurrency.…”