Assimilation and Contrast in Price Evaluations

نویسندگان

  • MARCUS CUNHA
  • JEFFREY D. SHULMAN
  • Jeffrey D. Shulman
چکیده

How are price judgments influenced by the distribution of observed prices for other items in the same category? Processing goals will moderate price-judgment processes. When the processing goal is discrimination, price perceptions will be influenced by variations in range and ranks of prices in a distribution and contrast effects will be observed. For example, lowering the price of the lowest-priced product in a set will increase perceived expensiveness of higher-priced products. When the processing goal is generalization, however, price perceptions will be influenced by variations in the mean of the price distribution, in which case assimilation is observed. For example, lowering the price of the lowest-priced product in a set will decrease perceived expensiveness of higher-priced products. This latter finding is in sharp contrast to findings in the current literature on the effect of price structure on price judgments.

برای دانلود رایگان متن کامل این مقاله و بیش از 32 میلیون مقاله دیگر ابتدا ثبت نام کنید

ثبت نام

اگر عضو سایت هستید لطفا وارد حساب کاربری خود شوید

منابع مشابه

Follow Your Heart: How Is Willingness to Pay Formed under Multiple Anchors?

In sales, a common promotional tactic is to supplement a required purchase (i.e., a focal product) by offering a free or discounted product (i.e., a supplementary product). The present research examines the contextual factors driving consumer evaluations of the supplementary product after the promotion has been terminated. Two experiments are used to demonstrate that consumers use multiple anch...

متن کامل

Does Imitation Benefit the Imitated Brand? The Effects of Stimulus Ambiguity and Processing Mindset on Judgment

It is generally assumed that when consumers process at a global level, they assimilate contextual information into evaluations of a stimulus, which shifts judgment toward the context. When consumers process at a local level, they contrast contextual information with the stimulus, which shifts judgment away from the context. This research demonstrates that global and local processing are not uni...

متن کامل

An empirical test of theories of price valuation using a semiparametric approach, reference prices, and accounting for heterogeneity

In this paper we estimate and empirically test different behavioral theories of consumer reference price formation. Two major theories are proposed to model the reference price reaction: assimilation contrast theory and prospect theory. We assume that different consumer segments will use different reference prices. The study builds on earlier research by Kalyanaram and Little (1994); however, i...

متن کامل

A Hybrid Meta-Heuristic Algorithm based on Imperialist Competition Algorithm

The human has always been to find the best in all things. This Perfectionism has led to the creation of optimization methods. The goal of optimization is to determine the variables and find the best acceptable answer Due to the limitations of the problem, So that the objective function is minimum or maximum. One of the ways inaccurate optimization is meta-heuristics so that Inspired by nature, ...

متن کامل

The ups and downs of social comparison: mechanisms of assimilation and contrast.

Social comparisons influence self-evaluations in multiple ways. Sometimes self-evaluations are assimilated toward a given standard. At other times, they are contrasted away from the standard. On the basis of the selective accessibility model (T. Mussweiler, 2003a), the authors hypothesized that assimilation results if judges engage in the comparison process of similarity testing and selectively...

متن کامل

ذخیره در منابع من


  با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید

عنوان ژورنال:

دوره   شماره 

صفحات  -

تاریخ انتشار 2011