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Seeking the opinions of others online: Evidence of evaluation overshoot

Brent L.S. Coker

Journal of Economic Psychology, 2012, vol. 33, issue 6, pages 1033-1042

Abstract: The internet has evolved into a social tool whereby consumers increasingly read reviews and the opinions of others to aid their purchase decisions. The amount of review information available often leads consumers to process both positive reviews and negative. In two experiments, the present research documents evidence of brand evaluation overshoot as a function of information valence order. In experiment one, positive information about a brand that is replaced by negative information continues to influence judgments, but negative information that is replaced by positive information does not. In experiment two, online hotel reviews ordered from positive to negative result in a more positive evaluation than if the same reviews are ordered from negative to positive. Together, these results provide evidence of asymmetric affective perseverance, suggesting that the order in which the information is presented has a differential impact on final judgment.

Keywords: Attitude formation; Internet social networking (search for similar items in EconPapers)
JEL-codes: M15 (search for similar items in EconPapers)
Date: 2012
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