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Events

Home Events
marketing
3Oct

The Friendly Taking Effect: When Interpersonal Closeness Leads to Seemingly Selfish Choice

Friday, 3 Oct 2014 | 10:00am - 11:30am
1301, K.K. Leung
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Author:

  • Ms. Yanping Tu
    PhD Candidate in Marketing
    Booth School of Business
    The University of Chicago

 

Abstract:

This research documents the “friendly taking effect”: Interpersonal closeness leads to a preference for a self-benefiting consumption package when this package also offers greater benefit in total. This taking behavior is driven by a friendly intention (i.e., concern for the total benefit), rather than a selfish intention (i.e., concern for self-benefit). In six studies, we show that the effect occurs even if there is no possibility of future reciprocity and that people are cognitively tuned in to (e.g., acquire, remember) information about the total benefit more when considering benefits given to a close (vs. distant) other. Indeed, the focus on the total benefit mediates the impact of closeness on preference for self-benefiting packages. Importantly, people are also more likely to give their resources to close as opposed to distant others when doing so increases the total benefit. We discuss implications for marketers of consumption packages.

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21Jan
Faculty Level | Event
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21 Jan 2021 | 20:00 – 21:00
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8Jan
Accounting and Law | Seminar
“Multidimensional Information and Rational Inattention” by Ms. Keri P. Hu
Friday, 8 January 2021 | 10:40 a.m. — 12:10 p.m.
online seminar
Ms. Peicong (Keri) Hu
The Friendly Taking Effect: When Interpersonal Closeness Leads to Seemingly Selfish Choice
Friday, 3 Oct 201410:00am - 11:30am
1301, K.K. Leung
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