Anandakuttan B. Unnithan

Bio: Anandakuttan B. Unnithan is an academic researcher from Indian Institute of Management Kozhikode. The author has contributed to research in topics: Retail banking & The Internet. The author has an hindex of 6, co-authored 18 publications receiving 170 citations. Previous affiliations of Anandakuttan B. Unnithan include Indian Institute of Management Ahmedabad.

An Empirical Investigation of Mobile Banking Adoption in Developing Countries

Abstract: Mobile phone has become an integral part of our lives. The penetration rate of mobile phones in the developing countries has increased abruptly and this is a good sign for the banking sector. Mobile banking is the most recently launched innovative feat in the banking sector. The unique ability of mobile banking to perform banking transactions irrespective of place and time has given a competitive edge over traditional banking. Even though, all circumstances are in favour of mobile banking, it has failed to take off in most of the developing countries. Hence, the main objective of the study is to find out the constructs which affect the adoption of mobile banking in India. A model has been proposed with the factors namely perceived usefulness, perceived ease of use, self-efficacy, perceived risk, perceived enjoyment, relative advantage, compatibility, trust, social influence and personal innovativeness. The proposed model has been tested using various statistical analyses and the findings of this study reveal that relative advantage has the strongest relationship with the intention to use mobile banking.

Internet banking adoption in a developing country - an empirical study

Abstract: The progressions in information technology have changed the operational aspects of the banking sector significantly. Internet banking has been found to be an alternative channel for the traditional banking as it saves time, money and effort. The objective of this study is to identify the prominent factors that influence the public sector bank consumers in India to adopt internet banking services. Factors such as perceived usefulness, perceived ease of use, perceived risk, relative advantage and trialability have been found to be the determinants of internet banking in the previous studies. Along with the above variables a new variable called conspicuousness has been analysed in the present study. This kind of study has not been conducted in the Indian context previously. A model has been proposed and tested using linear multiple regression analysis. The findings are of great use primarily for the banks which are planning to offer internet banking services, and for already existing banks to focus on the gaps.

Marketplace rumor sharing among young consumers: the role of anxiety and arousal

Abstract: This study aims to explore rumor sharing behavior among young consumers by evaluating the role of state anxiety and arousal as fundamental triggers to rumor sharing behavior. This study asserts that young consumers share rumors for emotional regulation and information sharing reasons, and aims to explore rumor sharing dynamics along these factors.,Using established scales, this paper collects data from 394 respondents (age 18-25 years) who are enrolled in engineering or management colleges in India. Using these data, the paper conducts a PLS-SEM-based analysis using SmartPLS 3.0 to establish hypothesized relationships. PROCESS macro (Hayes, 2017) is used in SPSS to assess the role of mediators.,Major findings of the study indicate that young consumers share rumors for emotional regulation and information sharing. State anxiety and arousal were positively associated to the consumers’ emotional regulation motivation, as well as their information sharing motivations. The findings illustrate that young consumers share rumors for managing their own emotions, as well as to help others who might be in need for such information. This assertion was further established by the mediating effect of these motivations on the relationship between the consumers’ emotions and their intention to share the rumor.,It was observed that that young consumers share rumors for emotional regulation and information sharing purpose. This contribution adds to the current research on motivations of rumor sharing. The paper highlights that rumor sharing is an outcome of emotional experiences, thereby contributing to “why” rumors are spread in the marketplace.,Rumors lack veracity, arise in contexts of uncertainty and influence perceptions, brand credibility and consumer loyalty. Thus it is critical to understand the dynamics of fast propagating rumors in the marketplace. This paper advances the theoretical understanding of the psychological factors driving rumor propagation among young consumers. The paper identifies and establishes the role of fundamental triggers of rumor sharing among young consumers.

An Empirical Investigation on Credit Card Adoption in India

Abstract: In India, the credit card usage as well as the penetration has been found to be very low compared to that of debit cards. Though banks offer the best of the services, still there are apprehensions about the risks involved in using a credit card in India. Hence, this study investigates the customer’s adoption behavior of credit cards and determines the factors which influence the acceptance among Indian customers. Many studies have been reported in the literature to analyze the customer’s adoption behavior of online banking, Automated Teller Machines, e-shopping etc. But, there are not many studies that analyze the adoption behavior of credit cards. In this study, an empirical model that includes ten behavioral factors has been proposed. Along with the main determinants identified from the literature, two new parameters such as perceived benefits and self-esteem have been included in the model. The analysis of the model reveals that factors such as perceived usefulness, perceived ease of use, perceived risk, relative advantage, perceived trust, social influence and perceived benefits have been found to be the main determinants of credit cards adoption in India. The findings are of great use primarily for the banks which are planning to offer credit cards, and for already existing banks to focus on the gaps.

Thinking fast and slow.

Abstract: In 1974 an article appeared in Science magazine with the dry-sounding title “Judgment Under Uncertainty: Heuristics and Biases” by a pair of psychologists who were not well known outside their discipline of decision theory. In it Amos Tversky and Daniel Kahneman introduced the world to Prospect Theory, which mapped out how humans actually behave when faced with decisions about gains and losses, in contrast to how economists assumed that people behave. Prospect Theory turned Economics on its head by demonstrating through a series of ingenious experiments that people are much more concerned with losses than they are with gains, and that framing a choice from one perspective or the other will result in decisions that are exactly the opposite of each other, even if the outcomes are monetarily the same. Prospect Theory led cognitive psychology in a new direction that began to uncover other human biases in thinking that are probably not learned but are part of our brain’s wiring.

Social Media and Fake News in the 2016 Election

Abstract: Following the 2016 U.S. presidential election, many have expressed concern about the effects of false stories (“fake news”), circulated largely through social media. We discuss the economics of fake news and present new data on its consumption prior to the election. Drawing on web browsing data, archives of fact-checking websites, and results from a new online survey, we find: (i) social media was an important but not dominant source of election news, with 14 percent of Americans calling social media their “most important” source; (ii) of the known false news stories that appeared in the three months before the election, those favoring Trump were shared a total of 30 million times on Facebook, while those favoring Clinton were shared 8 million times; (iii) the average American adult saw on the order of one or perhaps several fake news stories in the months around the election, with just over half of those who recalled seeing them believing them; and (iv) people are much more likely to believe stories that favor their preferred candidate, especially if they have ideologically segregated social media networks.