Modeling Hedonic Consumption Behaviors in Online Shopping

Increasingly, researchers have acknowledged that consumption activities involve hedonic components. Hedonic consumption relates to affective consumer behaviors in that it deals with the emotive and multi-sensory aspects of the consumption experience. Because the online shopping environment is characterized by the existence of an IT-enabled web interface that acts as the focal point of contact between customers and vendors, its design should also embed hedonic elements to create a holistic consumption experience. Drawing on the Expectation Disconfirmation Theory (EDT), this study advances a model that not only delineates hedonic consumer expectations into its constituent dimensions for online shopping but also highlights how these expectations can be best served through properties of aesthetic performance. The model is then empirically verified via an online questionnaire administered to a sample of 84 student participants. Theoretical contributions and pragmatic implications to be gleaned from our proposed model and its subsequent empirical validation are discussed

Value Creation in Cryptocurrency Networks: Towards A Taxonomy of Digital Business Models for Bitcoin Companies

Cryptocurrency networks have given birth to a diversity of start-ups and attracted a huge influx of venture capital to invest in these start-ups for creating and capturing value within and between such networks. Synthesizing strategic management and information systems (IS) literature, this study advances a unified theoretical framework for identifying and investigating how cryptocurrency companies configure value through digital business models. This framework is then employed, via multiple case studies, to examine digital business models of companies within the bitcoin network. Findings suggest that companies within the bitcoin network exhibits six generic digital business models. These six digital business models are in turn driven by three modes of value configurations with their own distinct logic for value creation and mechanisms for value capturing. A key finding of this study is that value-chain and value-network driven business models commercialize their products and services for each value unit transfer, whereas commercialization for value-shop driven business models is realized through the subsidization of direct users by revenue generating entities. This study contributes to extant literature on value configurations and digital businesses models within the emerging and increasingly pervasive domain of cryptocurrency networks

Conflicts in Knowledge Management: Vistiting the Hidden Partner

As knowledge gains a reputation for being a critical resource in the information-intensive economy, organizations have doubled their efforts in trying to extract value from knowledge management policies. One particular aspect of knowledge management, which has gone unnoticed in academic research, is the presence of conflicts in knowledge activities. By adopting a conflict perspective of knowledge activities, this study arrives at a two-dimensional framework that defines knowledge conflicts in terms of its type and nature. Central to this paper is the fundamental idea that conflicts form an integral part of knowledge management and depending on how they are managed; conflicts may be formidable partners or dangerous adversaries in the corporate quest for knowledge-derived competitiveness

Disentangling utilitarian and hedonic consumption behavior in online shopping : An expectation disconfirmation perspective

Increasingly, researchers have come to acknowledge that consumption activities entail both utilitarian and hedonic components. Whereas utilitarian consumption accentuates the achievement of predetermined outcomes typical of cognitive consumer behavior, its hedonic counterpart relates to affective consumer behavior in dealing with the emotive and multisensory aspects of the shopping experience. Consequently, while utilitarian consumption activities appeal to the rationality of customers in inducing their intellectual buy-in of the shopping experience, customers’ corresponding emotional buy-in can only be attained through the presence of hedonic consumption activities. The same can be said for online shopping. Because the online shopping environment is characterized by the existence of an IT-enabled web interface that acts as the focal point of contact between customers and vendors, its design should embed utilitarian and hedonic elements to create a holistic shopping experience. Building on Expectation Disconfirmation Theory (EDT), this study advances a research model that not only delineates between customers’ utilitarian and hedonic expectations for online shopping but also highlights how these expectations can be best served through functional and esthetic performance, respectively. Furthermore, we introduce online shopping experience (i.e., transactional frequency) as a moderator affecting not only how customers form utilitarian and hedonic expectations but also how they evaluate the functional and esthetic performances of e-commerce sites. The model is then empirically validated via an online survey questionnaire administered on a sample of 303 respondents. Theoretical contributions and pragmatic implications to be gleaned from our research model and its subsequent empirical validation are discussed.acceptedVersionPeer reviewe

Disentangling digital platform competition: the case of UK mobile payment platforms

Digital platforms confer competitive advantage through superior architectural configurations. There is however still a dearth of research that sheds light on the competitive attributes which define platform competition from an architectural standpoint. To disentangle platform competition, we opted for the mobile payment market in the United Kingdom (UK) as our empirical setting. By conceptualizing digital platforms as layered modular architectures and embracing the theoretical lens of strategic groups, this study supplements prior research by deriving a taxonomy of platform profiles that is grounded on the strategic dimensions of value creation and value delivery architectures. We discover that mobile payment platforms could be delineated based on whether they are: (1) integrative or integratable on their value creation architecture; and (2) have direct, indirect, or open access on their value delivery architecture. The preceding attributes of value creation architecture and value delivery architecture aided us in identifying six profiles associated with mobile payment platforms, which in turn led us to advance three competitive strategies that could be pursued by digital platforms in network economies

Universality in the Three-Body Problem for 4He Atoms

The two-body scattering length a for 4He atoms is much larger than their effective range r_s. As a consequence, low-energy few-body observables have universal characteristics that are independent of the interaction potential. Universality implies that, up to corrections suppressed by r_s/a, all low-energy three-body observables are determined by a and a three-body parameter \Lambda_*. We give simple expressions in terms of a and \Lambda_* for the trimer binding energy equation, the atom-dimer scattering phase shifts, and the rate for three-body recombination at threshold. We determine \Lambda_* for several 4He potentials from the calculated binding energy of the excited state of the trimer and use it to obtain the universality predictions for the other low-energy observables. We also use the calculated values for one potential to estimate the effective range corrections for the other potentials.Comment: 23 pages, revtex4, 6 ps figures, references added, universal expressions update

Large expert-curated database for benchmarking document similarity detection in biomedical literature search

Document recommendation systems for locating relevant literature have mostly relied on methods developed a decade ago. This is largely due to the lack of a large offline gold-standard benchmark of relevant documents that cover a variety of research fields such that newly developed literature search techniques can be compared, improved and translated into practice. To overcome this bottleneck, we have established the RElevant LIterature SearcH consortium consisting of more than 1500 scientists from 84 countries, who have collectively annotated the relevance of over 180 000 PubMed-listed articles with regard to their respective seed (input) article/s. The majority of annotations were contributed by highly experienced, original authors of the seed articles. The collected data cover 76% of all unique PubMed Medical Subject Headings descriptors. No systematic biases were observed across different experience levels, research fields or time spent on annotations. More importantly, annotations of the same document pairs contributed by different scientists were highly concordant. We further show that the three representative baseline methods used to generate recommended articles for evaluation (Okapi Best Matching 25, Term Frequency-Inverse Document Frequency and PubMed Related Articles) had similar overall performances. Additionally, we found that these methods each tend to produce distinct collections of recommended articles, suggesting that a hybrid method may be required to completely capture all relevant articles. The established database server located at https://relishdb.ict.griffith.edu.au is freely available for the downloading of annotation data and the blind testing of new methods. We expect that this benchmark will be useful for stimulating the development of new powerful techniques for title and title/abstract-based search engines for relevant articles in biomedical research.Peer reviewe

Understanding The Temporal Relationship Between Justice And Team Goal Commitment In Virtual Project Teams

Virtual project teams are spontaneous group configurations that endeavor to overcome spatial and temporal restrictions in bringing together distant experts to create just-in-time knowledge sharing coalitions. Due to their time-constrained nature and anonymity among members, we argue for team goal commitment as a more pertinent factor driving task performance. We then hypothesize that members’ perceived distributive, interactional, and procedural justice are viable antecedents leading to the inducement of team goal commitment among virtual project team members. Empirical findings from a longitudinal field experiment reveals that: (1) distributive justive has a positive and consistent effect on members’ team goal commitment across time; (2) interactional justice has a positive effect on members’ team goal commitment which increases over time, and; (3) procedural justive has differential effects on members’ team goal commitment across time depending on whether it deals with general working conditions or conflict resolution. Based on our analytical results, implications for both theory and practice are highlighted

Untangling Utilitarian And Hedonic Consumption Behaviors In Online Shopping

Increasingly, researchers have come to acknowledge that consumption activities comprise both utilitarian and hedonic elements. Whereas utilitarian consumption accentuates the achievement of predetermined outcomes typical of cognitive customer behavior, its hedonic counterpart relates to affective customer behavior in dealing with the emotive and multi-sensory aspects of the consumption experience. While utilitarian consumption activities appeal to the rationality of customers in inducing their intellectual buy-in of the consumption experience, customers’ emotional buy-in can only be attained through hedonic consumption activities. The same can be said for online shopping. Because the online shopping environment is characterized bythe existence of an IT-enabled web interface that acts as the focal point of contact between customers and vendors, its design should embed utilitarian and hedonic elements in order to create a holistic consumption experience. Drawing on the Expectation Disconfirmation Theory (EDT), this study advances a model that not only delineates between utilitarian and hedonic customer expectations for online shopping but also highlights how these expectations can be best served through design elements of e-commerce websites catering to functional and aesthetic performance respectively. The model is then empirically verified via an online survey administered on a sample of 303 student respondents. Theoretical contributions and pragmatic implications to be gleaned from our empirical findings are discussed

GIMME MONEY! DESIGNING DIGITAL ENTREPRENEURIAL CROWDFUNDING PLATFORMS FOR PERSUASION AND ITS SOCIAL IMPLICATIONS

Given its interesting history, dating back to the 18th century, crowdfunding is being recognised as a potential key driver of social impact in the 21st century. However, what we have seen is that even the philanthropic/social-benefit focus may not be sufficient to ensure success. In fact, many projects on crowdfunding platforms fail to persuade enough people to contribute financially. This study seeks to understand how persuasiveness may be enhanced in the digital entrepreneurial crowdfunding context. The adoption of the Persuasive Systems Design (PSD) model aided the development of a framework of distinct features deemed to facilitate persuasion. The proposed “Crowdfunding Platform Design” (CFPD) model is examined through a content analysis of five real-world crowdfunding platforms, resulting in the development of visual representations for each of the CFPD model’s features. The content analysis is then followed up by semi-structured interviews with users of real-world crowdfunding platforms. Given the potential of crowdfunding platforms to drive social impact and change, this research-in-progress seeks to provide a holistic framework to help facilitate persuasiveness and in turn the success of crowdfunding platforms