Affiliation:
1. London School of Economics and Political Science London UK
2. Booth School of Business The University of Chicago Chicago Illinois USA
Abstract
AbstractDecisions are rarely made in isolation. Instead, deliberation often occurs in the context of prior related choices. This article finds that goal‐inconsistent foregone alternatives, options that were previously considered but not chosen, shape how consumers subsequently pursue their goals. Going beyond previous research on foregone alternatives and consumer satisfaction, the current research suggests that how consumers mentally construe foregone goal‐inconsistent alternatives impacts how they evaluate their prior goal‐consistent choices, which will, in turn, impact their motivation to continue making goal‐consistent choices. Specifically, we find the foregone alternative diversity effect: consumers who consider having previously foregone diverse (vs. similar) goal‐inconsistent alternatives in favor of a goal‐consistent action then believe that they have made a greater sacrifice, which had more of an impact on their focal goal. As a result, they are then more likely to subsequently make goal‐consistent choices. Our findings hold across different types of goals (exercise: Study 1, healthy eating: Studies 2, 3, and 5, weight loss: Study 4), and both real and hypothetical choices. We also identify theoretically motivated boundary conditions for the observed effect of considering foregone alternatives.