Remote purchase environments: the influence of return policy leniency on two-stage decision processes

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Remote purchase framed as order then keep-or-return decisions; the endowment effect suggests benefits of return policy leniency to the retailer; three experiments support the idea that product ownership depends more on perception than possession.

Remote purchase framed as order then keep-or-return decisions; the endowment effect suggests benefits of return policy leniency to the retailer; three experiments support the idea that product ownership depends more on perception than possession.

Written from the abstract read 2026-10-12.

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doi:10.1509/jmkr.38.2.157.18847. Abstract read: remote purchase framed as order then keep-or-return decisions; the endowment effect suggests benefits of return policy leniency to the retailer; three experiments support the idea that product ownership depends more on perception than possession.