Tatiana Anisimova, Soniya Billore and Philip Kitchen
Extant research indicates that fear of missing out (FoMO) caused by the negative influence of media and word-of-mouth (WOM) leads to panic buying and generates a negative impact…
Abstract
Purpose
Extant research indicates that fear of missing out (FoMO) caused by the negative influence of media and word-of-mouth (WOM) leads to panic buying and generates a negative impact on consumer well-being. However, the mechanism that can minimise or abort this impact remains understudied. Therefore, in this study, we examine how consumer self-regulation functions as a brake mechanism to intervene with the negative influences of media and WOM on FoMO.
Design/methodology/approach
Data were collected from a representative sample in Australia. Hypotheses were tested by applying generalised structural equation modelling (GSEM), and analysis was conducted using the statistical software Stata 17.
Findings
Self-regulation is negatively influenced by media channels and WOM but is positively influenced by media content. Consumer self-regulation acts as a brake mechanism for FoMO. Panic buying, which is triggered by FoMO, has a significant impact on negative emotional well-being.
Research limitations/implications
The limitations of the study are associated with the survey data collection.
Practical implications
We extend the knowledge of how self-regulation works as a brake mechanism for the complex FoMO construct consisting of a perception of missing out accompanied by irrational behaviours. Self-regulation emerges as a brake mechanism for FoMO. Hence, if self-regulation is practiced at the inception of the media and WOM exposure, it can counteract FoMO and potentially abort its’ impact on panic buying.
Social implications
From a practical perspective, policymakers could help emotionally vulnerable individuals better engage in self-control practices through support programmes and workshops aimed at assisting the public in coping with overwhelming and intense adverse emotions experienced during and following various crises. Vulnerable cohorts, particularly the younger generation who are arguably more susceptible to FoMO, need to be studied more thoroughly in the marketing domain.
Originality/value
The role of self-regulation has been studied thinly in marketing literature, particularly in relation to offsetting irrational consumer behaviours. The originality of our study is that it extends and broadens the understanding of the role of self-regulation in the context of pandemics and addresses the inconclusive evidence of the impact of self-regulation on FoMO.
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Philip Mundlos, Torsten Wulf and Fabian Alexander Mueller
Strategic decisions in organizations are often characterized by high uncertainty and ambiguity, which increases their perceived complexity. While research has shown that perceived…
Abstract
Purpose
Strategic decisions in organizations are often characterized by high uncertainty and ambiguity, which increases their perceived complexity. While research has shown that perceived task complexity impacts strategic decisions, its drivers have not received much attention. Based on managerial cognition research, this paper aims to introduce cognitive abilities, especially cognitive integration and cognitive load, as important individual characteristics that impact perceived task complexity through their effects on information acquisition and processing.
Design/methodology/approach
Building on managerial cognition research, the authors argue that strategic decision-makers with high levels of cognitive integration perceive a task as less complex, whereas high levels of cognitive load have the opposite effect. Perceived task complexity, in turn, negatively affects strategic decision outcomes. The authors test the hypotheses based on a field study with 50 graduate-level management students who participated in a computer-based strategic decision simulation.
Findings
Based on OLS regression analyses, the authors find a positive effect of cognitive integration and a negative impact of cognitive load on perceived task complexity, which negatively impacts strategic decision outcomes.
Originality/value
The authors contribute to strategic decision-making research by highlighting the role of cognitive processes and abilities for strategic decision-making processes and outcomes.
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Merel T. Feenstra-Verschure, Dorien Kooij, Charissa Freese, Mandy van der Velde and Evgenia I. Lysova
The purpose of this paper is to conceptualize job immobility concepts, e.g. staying in an unsatisfying job and perceiving limited opportunities to move and apply for another job…
Abstract
Purpose
The purpose of this paper is to conceptualize job immobility concepts, e.g. staying in an unsatisfying job and perceiving limited opportunities to move and apply for another job. The existing literature on this situation of job immobility in which the employee is experiencing stuckness in the job is scattered across research domains, limited in scope and existing constructs are not clearly defined or operationalized.
Design/methodology/approach
In this conceptual paper, the authors propose the construct “locked at the job,” by reviewing and building on the job immobility literature and the theory of control and self-regulation.
Findings
This study defines the concept that consists of two dimensions as feeling dissatisfied in the current job and inactivity due to perceived limited job opportunities. This study proposes a conceptual model of antecedents and consequences of locked at the job, based on the person-environment fit theory.
Practical implications
This conceptual paper allows value to be added in practice by the conceptualization of locked at the job, in addition to providing a preview with respect to conceptual causes and consequences of this phenomenon.
Originality/value
Research on this job immobility phenomenon is scattered across different research domains, limited in scope and the concept has not been clearly defined or operationalized.