White, Tiffany B., Thomas P. Novak and Donna L. Hoffman, “Evidence and Consequences of Egocentric Accounting Biases in Customer-Seller Relationships” (September 9, 2007).
We investigate egocentric biases in mental accounting within the context of information-driven consumer seller relationships. Our research suggests that consumers keep “loose mental accounts” of exchange benefits and costs that are balanced when resource exchanges are either contingent or temporally integrated…
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