The satisfaction of change : how knowledge and innovation overcome loyalty in decision-making processes /

Saved in:
Bibliographic Details
Author / Creator:Del Giudice, Manlio, author.
Imprint:Cham, Switzerland : Palgrave Macmillan imprint is published by Springer Nature, [2017]
©2017
Description:1 online resource (xiii, 138 pages) : illustrations.
Language:English
Series:Palgrave studies in democracy, innovation, and entrepreneurship for growth
Palgrave studies in democracy, innovation, and entrepreneurship for growth.
Subject:
Format: E-Resource Book
URL for this record:http://pi.lib.uchicago.edu/1001/cat/bib/11268875
Hidden Bibliographic Details
Other authors / contributors:Della Peruta, Maria Rosaria, author.
ISBN:9783319418841
331941884X
9783319418834
3319418831
Digital file characteristics:text file PDF
Notes:Includes bibliographical references (pages 131-134) and index.
Print version record.
Summary:This book analyzes the impact of the digital economy on customer satisfaction, shopping experience, resistance to change, script theory, and loyalty. The model introduced assumes that online markets have led to a redefinition of the concepts of loyalty and shopping scripts as a way to reduce customers' cognitive effort, by optimizing purchase time and increasing the speed and satisfaction of the shopping experience. It describes the utility function of the script by retaining customer loyalty and making the customer more reluctant to abandon his regular supplier. It also explores the difficulty faced by the higher churn rate on the Internet and the minimization of search costs, by integrating more functionality to achieve the ultimate goal of behavioral and cognitive loyalty. The authors provide an analysis in a "digital" view of the economic theory of switching costs and the resulting lock-in mechanisms which, in a classical economy, are often a barrier to disloyalty.
Other form:Print version: Del Giudice, Manlio. Satisfaction of Change. Cham : Springer International Publishing : Imprint: Palgrave Macmillan, 2017 3319418831 9783319418834
Standard no.:10.1007/978-3-319-41884-1