Knowledge Builders

what is the compensatory model

by Prof. Dax Pagac Published 3 years ago Updated 2 years ago
image

In the compensatory model, the consumer arrives at a choice by considering all of the attributes of a product or service (or benefits from a product or service) and by mentally trading off the alternative's perceived weaknesses on one or more attributes with its perceived strengths on other attributes.

Full Answer

What is the compensatory model of resilience?

The compensatory model views resilience as a factor that counteracts disclosures to risk. Risk factors and compensatory factors freely contribute to the prediction result. The challenge model proposes that a risk factor, on the condition that it is not too excessive, can actually improve a person’s adaptation (Ledesma, 2014).

What is a compensatory strategy?

Whenever we make a change in our environment or behavior to make up for something that we view as a limitation, we are using a compensatory strategy. Compensatory strategies are techniques or modifications to our behavior or environment that are used to compensate for a deficit, weakness, injury or perceived inadequacy in a specific area or skill.

What is the compensatory frame of reference?

Compensatory Frame of Reference. The compensatory frame of reference (FOR) aims to increase occupational performance and facilitate independence by utilizing compensatory techniques. It is used to compensate dysfunction in desired occupations, e.g., using assistive device or equipment such as Ergonon/Reflex knife during meal preparation,...

What is a noncompensatory approach to compensation?

This approach allows us to narrow down the set of options quickly and easily, at the expense of not fully considering each. When people use a noncompensatory strategy, they select one or more nonnegotiable key characteristics and eliminate all the alternatives that don’t have them.

image

What is the meaning of compensatory model?

Criteria evaluations are done separately and combined arithmetically such that positive evaluations can offset or balance (compensate for) negative evaluations. This is also called compensatory integration procedure, compensatory model, and compensatory process.[1]

What is compensatory decision rule example?

The first two strategies are called compensatory strategies. In these strategies, consumers allow a higher value of one attribute to compensate for a lesser value of another attribute. For example, if a consumer is looking at automobiles, a high value in gas mileage might compensate for a lower value in seating space.

Which model is a compensatory model of brand attributes?

additive difference model Compensatory model in which brands are compared by attribute, two brands at a time.

What is a non-compensatory model?

Non-compensatory models limit trade-offs among attributes, or between attributes and price that preserve a given preference ordering over alterna- tives. Also, we identify different degrees of departure from the fully compensatory model, with important implications for optimal actions derived from a particular model.

What are the four consumer decision making models?

Consumer Decision-Making ModelsEconomic Model/Economical View. In this, the consumer makes rational purchase decisions post thorough evaluation. ... Passive Model/Passive View. ... Cognitive Model/Cognitive View. ... Emotional Model/ Emotional View.

What are the different models of consumer decision making?

Types of Consumer Decision MakingExtensive Problem Solving. In extensive decision making, the consumers have no established or set criteria for evaluating a product in a particular category. ... Limited Problem Solving. ... Routinized Response Behavior. ... An Economic View. ... A Passive View. ... A Cognitive View. ... An Emotional View.

Which is not a compensatory decision rule?

Non-compensatory Decision Rules A type of consumer decision rule by which positive evaluation of a brand attribute does not compensate for a negative evaluation of the same brand on some other attribute.

What is non-compensatory decision rule example?

Consumers making non-compensatory choices consider attributes sequentially and benefits on some attributes may not overbalance shortfalls on others. For example a mother wants to buy freshly squeezed orange juice, but her children dislike the feel of pulp in their mouths and refuse to drink it.

What are the 5 decision rules?

Consumers use five decision rules: conjunctive, disjunctive, elimination-by-aspects, lexicographic, and compensatory. Consumers frequently use more than one rule to make a single decision.

What is non-compensatory income?

Non-compensatory pay is an award you are giving that is (allegedly/officially) unrelated to your work. Fellowships are examples of non-compensatory pay that provide your stipend. If you have taxes withheld, non-compensatory pay will likely be reported on a 1099-MISC in box 3.

What is non-compensatory damage?

Non-Compensatory Damages means any and all damages awarded by a court of competent jurisdiction that are penal in nature, including, without limitation, punitive, punitory, exemplary, vindictive, imaginary or presumptive damages.

What is the elimination by aspects model?

The “Elimination by aspects” (eba) heuristic is used to choose among a given set of products during a sequential process: at each stage, consumers eliminate the products which do not possess a particular attribute, until only one good remains.

What is non-compensatory decision rule example?

Consumers making non-compensatory choices consider attributes sequentially and benefits on some attributes may not overbalance shortfalls on others. For example a mother wants to buy freshly squeezed orange juice, but her children dislike the feel of pulp in their mouths and refuse to drink it.

Which is not a compensatory decision rule?

Non-compensatory Decision Rules A type of consumer decision rule by which positive evaluation of a brand attribute does not compensate for a negative evaluation of the same brand on some other attribute.

What are the 5 decision rules?

Consumers use five decision rules: conjunctive, disjunctive, elimination-by-aspects, lexicographic, and compensatory. Consumers frequently use more than one rule to make a single decision.

What is non-compensatory damage?

Non-Compensatory Damages means any and all damages awarded by a court of competent jurisdiction that are penal in nature, including, without limitation, punitive, punitory, exemplary, vindictive, imaginary or presumptive damages.

What is compensatory strategy?

Compensatory strategies are techniques or modifications to our behavior or environment that are used to compensate for a deficit, weakness, injury, or perceived inadequacy in a specific area or skill. They help us cope with what we think of as a personal weaknesses.

Can compensatory strategies be used to compensate for impairments?

However, compensatory strategies can also be used to compensate for impairments that a person perceives that they have, even if the impairment doesn't actually exist. For example, suppose Bill is a high school student who is has just received 85% on a calculus pretest.

What is compensatory strategy?

Compensatory strategies on memory or concentration may be applied to facilitate role performance. Task modifications are sometimes used to modify the task to compensate for the loss of function in order to increase independence.

What is compensatory frame of reference?

The compensatory frame of reference (FOR) aims to increase occupational performance and facilitate independence by utilizing compensatory techniques. It is used to compensate dysfunction in desired occupations, e.g., using assistive device or equipment such as Ergonon/Reflex knife during meal preparation, to compensate difficulty with using traditional knife. This FOR also includes environmental change, e.g., altering layout of living environment or using splints. These environmental changes sometimes are important for an individual to regain a valued role such as getting access to bathroom for bathing and grooming using wheelchair. The FOR aims to facilitate the clients’ independent functioning. It assumes that the dysfunction is considerably irreversible. The clients may find it difficult to accept the techniques at first as they may remind the clients of their lost functions. Therefore, compliance and engagement are important in getting successful outcome. Except physical injury, some clients who experience a stroke or other neurological disorder may be also suitable to apply this FOR. Compensatory strategies on memory or concentration may be applied to facilitate role performance. Task modifications are sometimes used to modify the task to compensate for the loss of function in order to increase independence. An educational approach is usually used in conjunction with this FOR to explain the purpose to help client understand the purpose and precautions. The ultimate goal is to use compensatory techniques to increase occupational performance and enable the clients to regain independence.

Why are compensatory strategies used?

Compensatory strategies put a load on the working memory and, because of that, can be used only when there are few alternatives. Understanding why and how people use these two decision-making strategies allows us to design interfaces that best support users.

What is compensatory decision making?

A compensatory decision-making strategy weighs the positive and negative attributes of the considered alternatives and allows for positive attributes ...

When people use a noncompensatory strategy, they select one or more nonnegotiable key characteristics?

When people use a noncompensatory strategy, they select one or more nonnegotiable key characteristics and eliminate all the alternatives that don’t have them. This procedure is repeated until the set of options is narrowed down to a manageable number.

When we evaluate just a handful of alternatives (around 5–7), comparing the attributes of each is a?

When we evaluate just a handful of alternatives (around 5–7), comparing the attributes of each is a feasible task. By thoroughly reviewing these attributes, we can determine whether certain aspects are more important to us than others, and then allow the positive values to outweigh negative ones when assessing each alternative — this is the compensatory strategy.

What are the two decision making strategies?

This process illustrates the two decision-making strategies that people use: 1 A noncompensatory decision-making strategy eliminates alternatives that do not meet a particular criterion. 2 A compensatory decision-making strategy weighs the positive and negative attributes of the considered alternatives and allows for positive attributes to compensate for the negative ones.

Why is compensation important?

Human beings respond to incentives, and as a result, compensation is one of the most influential drivers of employee motivation and is often used by employers as a way to guide their team’s behaviors. For example, some employers design their compensation structures to reward employees for experience gained and/or length ...

Why do advisors give new junior partners partial ownership in the firm?

Many advisors will give new ‘junior’ partners partial ownership in the firm… and then proceed to decrease their base salary because now they can receive a distribution on the company’s profits as income instead.

What is incentive structure?

Having an incentive structure that focuses on everything doesn’t actually incentivize all the behaviors at once; it’s simply a dilution of focus. Doing so is like having one spaceship and trying to approach multiple stars at once; by aiming for all of them, you won’t actually reach any of them.

Does Herbers and Company have a compensation structure?

At Herbers & Company, we would rather not create compensation structures that are designed to be singular, fixed projects for firms we work with. Instead, we prefer to develop a flexible compensation model, help the firm implement it, and as we see the behaviors move in the organization as a result of it, to respond and continually tune the structure based on that feedback and behavior changes.

Testing

A variety of tests may be given upon successful completion of an interview. These employment tests can gauge a person’s KSAOs in relation to another candidate. The major categories of tests include the following:

Selection Methods

How to answer that famous “tell me about yourself” question in an interview.

image

1.Compensatory Model Of Resilience - 252 Words

Url:https://www.studymode.com/essays/Compensatory-Model-Of-Resilience-86014657.html

31 hours ago Compensatory Model. Compensatory model recognizes that people have multiple talents and that more than one talent is needed for a job. However, the levels of proficiency for one talent …

2.Compensatory Strategies: Definition & Examples

Url:https://study.com/academy/lesson/compensatory-strategies-definition-examples.html

17 hours ago  · The compensatory model views resilience as a factor that counteracts disclosures to risk. Risk factors and compensatory factors freely contribute to the prediction result. The …

3.Compensatory Frame of Reference | OT Theory

Url:https://ottheory.com/therapy-model/compensatory-frame-reference

35 hours ago Compensatory model refers to the weakness of a brand on one attribute can be compensated for or by strength on another, and the attributes are summed

4.Compensatory vs Noncompensatory: 2 Decision-Making …

Url:https://www.nngroup.com/articles/compensatory-noncompensatory-decisions/

28 hours ago  · A rational decision-making model in which choices are systematically evaluated on various criteria. For example: If you were looking to buy an apartment among hundreds …

5.Designing Compensation Models That Motivate …

Url:https://www.kitces.com/blog/compensation-models-employee-motivation-incentive-benefits-partnership-equity-advancement-assurance-achievement/

1 hours ago  · Compensatory strategies are techniques or modifications to our behavior or environment that are used to compensate for a deficit, weakness, injury or perceived …

6.5.4 Testing and Selecting – Human Resource Management

Url:https://open.lib.umn.edu/humanresourcemanagement/chapter/5-4-testing-and-selecting/

4 hours ago Meaning and definition of compensatory model: Compensatory model = A model which assumes that consumers judge a limited number of product attributes, that the attributes vary in …

7.Videos of What Is The Compensatory Model

Url:/videos/search?q=what+is+the+compensatory+model&qpvt=what+is+the+compensatory+model&FORM=VDRE

15 hours ago The compensatory frame of reference (FOR) aims to increase occupational performance and facilitate independence by utilizing compensatory techniques. It is used to compensate …

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z 1 2 3 4 5 6 7 8 9