We have investigated the relationship of customer satisfaction, adjusted expectation, and repurchase intention after the consumption experience. Adjusted expectation, which is a dynamic variable reflecting the adjustment of expectations after purchase...
We have investigated the relationship of customer satisfaction, adjusted expectation, and repurchase intention after the consumption experience. Adjusted expectation, which is a dynamic variable reflecting the adjustment of expectations after purchase, is introduced as a mediating variable between customer satisfaction and repurchase intention. In addition, we have examined the way that customer loyalty moderates the relationships among these variables. While customers show asymmetric responses to positive and negative consumption experiences, loyal customers show more favorable responses to negative experiences than less-loyal customers do. Specifically, loyal customers show relatively more favorable evaluations regarding negative disconfirmation, dissatisfaction, and upwardly adjusted expectation.