EXPRESS: The Rank Length Effect

Rank lists vary in the number of items ranked on the list (e.g., Top 5 vs. Top 20 movies on IMDb), that is, the rank length. Across ten studies, including both field and laboratory experiments, we examine the influence of rank length on evaluations, willingness to pay, and choice. We document a novel rank length effect: The same ranked items elicit more positive judgments when the rank length is longer (vs. shorter), although the differences in judgments between the ranked items are smaller. This effect is driven both by consumers’ tendency to narrowly focus on the rank list and by the manner via which they map the rank list onto their mental number line. The rank length effect extends to willingness to pay, and choice. We explore three different kinds of choice contexts, discuss implications, and offer suggestions for future research.