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An Experiment in Price Generalization and Discrimination

Journal of Marketing ResearchPublished 1 May 1975
Harry Nyström, Hans Tamsons, Robert Thams
Citations29
SJR quartileQ1
SJR score6.96
SNIP2.42

Abstract

An experimental field test of a psychological model of buyer reaction to pricing shows strong support for a number of price hypotheses relating degree and kind of price information to price evaluations. For instance, overall price image of the store, uncertainty in judging price, and knowledge of recent price change are shown to influence buyer evaluation of price for the experimental item.

Keywords

Decision SciencesBusiness, Management and Accounting