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Voice and Culture: A Prospect Theory Approach

Author

Listed:
  • E.Laine Paddock,

    (Lee Kong Chian School of Business, Singapore Management University, Singapore, Singapore)

  • Jaewon Ko

    (Department of Psychology, Korea Military Academy, Seoul, Korea - Department of Psychology, Korea Military Academy, Seoul, Korea)

  • Russell Cropanzano,

    (Leeds School of Business [Boulder] - University of Colorado [Boulder])

  • Jessica Bagger,

    (GU - Göteborgs Universitet = University of Gothenburg)

  • Assâad El Akremi

    (CRM - Centre de Recherche en Management - UT Capitole - Université Toulouse Capitole - UT - Université de Toulouse - IAE - Institut d'Administration des Entreprises - Toulouse - CNRS - Centre National de la Recherche Scientifique)

  • Julie Camerman,

    (Research and Development, Training Institute of the Federal Administration, Brussels, Belgium)

  • Gary. J Greguras

    (Lee Kong Chian School of Business, Singapore Management University, Singapore, Singapore)

  • Antonio Mladinic

    (Department of Psychology, Universidad Católica de Chile, Santiago, Chile)

  • Kidok Nam,

    (Department of Psychology, Korea Military Academy, Seoul, Korea - Department of Psychology, Korea Military Academy, Seoul, Korea)

  • Kjell Tornblom

    (USYSTdLab - Transdisciplinarity Lab [ETH Zürich] - D-USYS - Department of Environmental Systems Science [ETH Zürich] - ETH Zürich - Eidgenössische Technische Hochschule - Swiss Federal Institute of Technology [Zürich])

  • Kees van den Bos

    (Universiteit Utrecht / Utrecht University [Utrecht])

  • Carolina Moliner

    (UV - Universitat de València)

Abstract

The present study examines the congruence of individuals' minimum preferred amounts of voice with the prospect theory value function across nine countries. Accounting for previously ignored minimum preferred amounts of voice and actual voice amounts integral to testing the steepness of gain and loss functions explicated in prospect theory, we use curve fitting to show that ratings of procedural justice fit prospect theory's value function specifically. Further, we investigate the form of this function across nine countries that range in power distance. Results suggest that the form of the value function is congruent with prospect theory, showing an S-shaped curve that is steeper in the loss than in the gain domain. Further, this pattern is similar across countries. Theoretical and practical implications of these results for both decision making and organizational justice are discussed.

Suggested Citation

  • E.Laine Paddock, & Jaewon Ko & Russell Cropanzano, & Jessica Bagger, & Assâad El Akremi & Julie Camerman, & Gary. J Greguras & Antonio Mladinic & Kidok Nam, & Kjell Tornblom & Kees van den Bos & Carol, 2015. "Voice and Culture: A Prospect Theory Approach," Post-Print halshs-01263130, HAL.
    • Handle: RePEc:hal:journl:halshs-01263130
    DOI: 10.1002/bdm.1834
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    Cited by:

    1. Hyomin Park & David Melamed, 2016. "The Effects of Stability and Presentation Order of Rewards on Justice Evaluations," PLOS ONE, Public Library of Science, vol. 11(12), pages 1-13, December.

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