And suddenly, the rain! How surprises shape experienced utility

Figini, Paolo ; Leoni, Veronica ; Vici, Laura (2023) And suddenly, the rain! How surprises shape experienced utility. Bologna: Dipartimento di Scienze economiche, p. 33. DOI 10.6092/unibo/amsacta/7261. In: Quaderni - Working Paper DSE (1185). ISSN 2282-6483.
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Abstract

The utility associated with a service’s consumption is contingent on its intrinsic characteristics and various situational factors. One key element that influences consumer satisfaction is adherence to prior expectations. This is particularly relevant for experience goods that highly depend on external factors, such as weather. On these premises, the current study explores the role of expectations on utility by analyzing the effect of weather surprises (i.e., the mismatch between forecast and realized weather) on online ratings. Results from the analysis of over 300,000 reviews posted on Booking.com indicate that weather surprises have an impact on the reported experienced utility, the effect depending on the sign of the surprise. Moreover, the consumption span moderates the surprise effect, thereby mitigating the impact of both positive and negative surprises on utility.

Abstract
Tipologia del documento
Monografia (Working paper)
Autori
AutoreAffiliazioneORCID
Figini, PaoloDepartment of Economics, University of Bologna0000-0003-3625-6828
Leoni, VeronicaCentre for Advanced Studies in Tourism, University of Bologna0000-0001-8419-4241
Vici, LauraDepartment of Statistical Sciences "Paolo Fortunati", University of Bologna0000-0003-2871-8455
Parole chiave
weather bias, surprise effect, online reputation, experienced utility, online platforms
Settori scientifico-disciplinari
ISSN
2282-6483
DOI
Data di deposito
15 Mag 2023 08:43
Ultima modifica
15 Mag 2023 08:45
URI

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