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Title page for ETD etd-07082005-000400


Type of Document Dissertation
Author Gopalakrishna Pillai, Kishore
Author's Email Address kishoregk@yahoo.com
URN etd-07082005-000400
Title Accuracy, Confidence, and Calibration of Consumer Knowledge: Roles of Product Type, Product Involvement, and General Self-Efficacy
Degree Doctor of Philosophy
Department Marketing, Department of
Advisory Committee
Advisor Name Title
Ronald Goldsmith Committee Chair
Charles Hofacker Committee Member
James Carson Committee Member
Michael Brusco Committee Member
Keywords
  • Knowledge Calibration
  • Confidence
  • Subjective Knowledge
  • Consumer Knowledge
Date of Defense 2005-06-30
Availability unrestricted
Abstract
This dissertation sought to apply the construct of knowledge calibration to the domain of consumer research. Product involvement, product type, and general self-efficacy were postulated to influence calibration of consumer knowledge. Need for cognition was proposed as a moderator to the relationships between (a) product involvement and calibration, and (b) product type and calibration. Calibration, in turn, was proposed to affect decision-making accuracy.

The proposed model was informed by research in the streams of psychology and consumer behavior. Insurance and music were chosen as the two product categories based on pretests. The questionnaire, measuring the constructs under study, was developed based on literature review, expert interviews, and pretests among knowledgeable respondents.

Data was collected from 332 students enrolled in undergraduate business courses. Regression analysis was used to test the proposed effects. Moderation was examined using subgroup analysis.

Results show that four of the ten hypotheses were supported at the .05 level of significance. One hypothesis was partially supported (linear effect instead of the proposed curvilinear effect).

The key result of the study is the empirical validation of the calibration – decision-making relationship. It was also found that significant proportions of consumers are underconfident in their knowledge. As an early examination of knowledge calibration in the consumer domain, the findings are promising. Several avenues of possible research have been highlighted.

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