Contents

Investing the Impact of Justice Dimension and Perceived Value on Customer Satisfaction for Sharing Economy of Accommodation

Kim, Bokyeong / Cho, Yoon Cheong

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Abstract

The sharing economy is in the embryonic stage of its development, and empirical research has rarely studied issues in the sharing economy. This study examines the impacts of justice dimensions and perceived values on intention, satisfaction, and loyalty in the context of the sharing economy. The purpose of the study is to examine the impact of procedural, interactional, and distributive justice dimensions of customers as well as perceived values of price, trust, and experiences on intention, satisfaction and loyalty for the sharing economy of accommodation. This study investigated the following research questions: i) how does the awareness of sharing economy affect the justice dimension that includes procedural justice, distributive justice, and interactional justice?; ii) how does the awareness of sharing economy affect perceived values including price, reliability, and experience?; iii) how do justice dimensions and perceived values affect potential customer intention?; iv) how do justice dimensions and perceived values affect customer satisfaction?; and v) how does customer satisfaction affect customer loyalty? This study collects data through an online survey and applies quantitative methods such as factor, regression, and ANOVA. The results find that both justice dimensions and perceived values play an essential role in improving satisfaction and loyalty. This study provides both theoretical and managerial implications for future analysis of the relationship between justice dimensions, perceived values, satisfaction, and loyalty in the environment of sharing economy of accommodation.

Issue Date
2016-10
Publisher
The Clute Institute
Keywords
Sharing Economy, Justice Dimension, Perceived Value, Intention, Customer Satisfaction, Loyalty
Citation
Journal of Business & Economics Research, v.14, no.4, pp.153 - 170, 2016
DOI
10.19030/jber.v14i4.9804
Journal Title
Journal of Business & Economics Research
Start Page
153
End Page
170
Language
English
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