Premium
When Seeking the Best Brings Out the Worst in Consumers: Understanding the Relationship between a Maximizing Mindset and Immoral Behavior
Author(s) -
Goldsmith Kelly,
Roux Caroline,
Ma Jingjing
Publication year - 2018
Publication title -
journal of consumer psychology
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 4.433
H-Index - 110
eISSN - 1532-7663
pISSN - 1057-7408
DOI - 10.1002/jcpy.1017
Subject(s) - mindset , scarcity , antecedent (behavioral psychology) , psychology , product (mathematics) , value (mathematics) , social psychology , marketing , economics , business , microeconomics , computer science , artificial intelligence , geometry , mathematics , machine learning
Consumers often adopt a goal to choose “the best” option: be it the best value for their money, the product with the highest quality, or the product that offers the best match to their idiosyncratic preferences. Prior work has characterized this orientation as a “maximizing mindset,” and has demonstrated that the adoption of a maximizing mindset can lead to both positive and negative consequences for the self. However, to date, little is known about if a maximizing mindset might have consequences beyond the self (i.e., for others and/or society). The current article addresses this gap by demonstrating that consumers who adopt a maximizing mindset (vs. a neutral mindset) are subsequently more likely to engage in immoral behaviors. Further, we demonstrate that this effect occurs because a maximizing mindset activates cognitions related to scarcity. In doing so, the current research offers a more nuanced understanding of the psychological and behavioral consequences of a maximizing mindset and identifies a maximizing mindset as an antecedent to cognitions related to scarcity and immoral behaviors.