A. KrishŶaŵurthLJ & S. Raŵesh Kuŵar ϭ Exploring the Formation of Consumer Expectations Anup Krishnamurthy* Doctoral Candidate (Marketing) Indian Institute of Management Bangalore, Bannerghatta Road, Bangalore 560076, India. Tel: +91-9341925103 Email: anup.krishnamurthy09@iimb.ernet.in S. Ramesh Kumar Professor (Marketing) Indian Institute of Management Bangalore, Bannerghatta Road, Bangalore 560076, India. Tel: +91-80-26993234 Email: rkumar@iimb.ernet.in * This is the corresponding author. Acknowledgements: The data collection for this study was funded through a research grant provided by the Indian Institute of Management Bangalore. Author PostiŶg © WestďurŶ Puďlishers Ltd, ϮϬϭϱ. This is a post‐peer‐reǀieǁ, pre‐Đopy‐edit ǀersioŶ of aŶ artiĐle ǁhiĐh has ďeeŶ puďlished iŶ its defiŶitiǀe forŵ iŶ the JourŶal of Custoŵer Behaviour, aŶd has ďeeŶ posted ďy perŵissioŶ of WestďurŶ Puďlishers Ltd for persoŶal use, Ŷot for redistriďutioŶ. The artiĐle ǁas puďlished iŶ JourŶal of Custoŵer Behaviour, Vol.ϭϰ, Ϭϭ March ϮϬϭϱ, No.ϭ, pp.ϳ‐ϯϭ, doi: https://doi.org/ϭϬ.ϭϯϲϮ/ϭϰϳϱϯϵϮϭϱXϭϰϮϲϳϲϬϴϬϬϰϬϬϱ