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A cross-cultural study on the effect of decimal separator on price perception

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Resumo:The impact of decimal separator use in prices has not received attention in previous research. The present study examines the effect of the two worldwide prevailing separators, comma and dot, on the price perception of Portuguese and US consumers via an anchoring and adjustment cognitive processing model. Both separator types were characterized in terms of their visual salience, either salient or non-salient, and contextual novelty, either familiar or novel. Price perception was measured in its negative role, as an outlay of economic resources. Applying a factorial design for multivariate testing of the hypothesized model which predicted lower price perception for salient and novel separators, the results indicated that the separators’ choice has no effect on its own. In turn, an interaction among the separators’ salience and novelty occurred mainly driven by two of the six presented products, possibly revealing limitations to the study. American consumers revealed generally higher levels of perceived prices than European. The study contributes by linking pricing and process numbering literature, providing several recommendations for studies to come.
Autores principais:Baecker, Christian Roman
Assunto:Price perception Decimal separator Salience Novelty
Ano:2010
País:Portugal
Tipo de documento:dissertação de mestrado
Tipo de acesso:acesso aberto
Instituição associada:Universidade Nova de Lisboa
Idioma:inglês
Origem:Repositório Institucional da UNL
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author Baecker, Christian Roman
author_facet Baecker, Christian Roman
Baecker, Christian Roman
author_role author
contributor_name_str_mv De Wilde, Els
RUN
country_str PT
creators_json_str [{\"Person.name\":\"Baecker, Christian Roman\"}]
datacite.contributors.contributor.contributorName.fl_str_mv De Wilde, Els
RUN
datacite.creators.creator.creatorName.fl_str_mv Baecker, Christian Roman
datacite.date.Accepted.fl_str_mv 2010-06-01T00:00:00Z
datacite.date.available.fl_str_mv 2013-08-08T12:38:43Z
datacite.date.embargoed.fl_str_mv 2013-08-08T12:38:43Z
datacite.rights.fl_str_mv http://purl.org/coar/access_right/c_abf2
datacite.subjects.subject.fl_str_mv Price perception
Decimal separator
Salience
Novelty
datacite.titles.title.fl_str_mv A cross-cultural study on the effect of decimal separator on price perception
dc.contributor.none.fl_str_mv De Wilde, Els
RUN
dc.creator.none.fl_str_mv Baecker, Christian Roman
dc.date.Accepted.fl_str_mv 2010-06-01T00:00:00Z
dc.date.available.fl_str_mv 2013-08-08T12:38:43Z
dc.date.embargoed.fl_str_mv 2013-08-08T12:38:43Z
dc.format.none.fl_str_mv application/pdf
dc.identifier.none.fl_str_mv http://hdl.handle.net/10362/10322
dc.language.none.fl_str_mv eng
dc.publisher.none.fl_str_mv NSBE - UNL
dc.rights.none.fl_str_mv http://purl.org/coar/access_right/c_abf2
dc.subject.none.fl_str_mv Price perception
Decimal separator
Salience
Novelty
dc.title.fl_str_mv A cross-cultural study on the effect of decimal separator on price perception
dc.type.none.fl_str_mv http://purl.org/coar/resource_type/c_bdcc
description The impact of decimal separator use in prices has not received attention in previous research. The present study examines the effect of the two worldwide prevailing separators, comma and dot, on the price perception of Portuguese and US consumers via an anchoring and adjustment cognitive processing model. Both separator types were characterized in terms of their visual salience, either salient or non-salient, and contextual novelty, either familiar or novel. Price perception was measured in its negative role, as an outlay of economic resources. Applying a factorial design for multivariate testing of the hypothesized model which predicted lower price perception for salient and novel separators, the results indicated that the separators’ choice has no effect on its own. In turn, an interaction among the separators’ salience and novelty occurred mainly driven by two of the six presented products, possibly revealing limitations to the study. American consumers revealed generally higher levels of perceived prices than European. The study contributes by linking pricing and process numbering literature, providing several recommendations for studies to come.
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eu_rights_str_mv openAccess
format masterThesis
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id run_b4e2d357cf802dbeeb06f836e6f4f07f
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institution Universidade Nova de Lisboa
instname_str Universidade Nova de Lisboa
language eng
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organization_str_mv urn:organizationAcronym:unl
person_str_mv Baecker, Christian Roman
publishDate 2010
publisher.none.fl_str_mv NSBE - UNL
reponame_str Repositório Institucional da UNL
repository_id_str urn:repositoryAcronym:run
service_str_mv urn:repositoryAcronym:run
spelling engNSBE - UNLporThe impact of decimal separator use in prices has not received attention in previous research. The present study examines the effect of the two worldwide prevailing separators, comma and dot, on the price perception of Portuguese and US consumers via an anchoring and adjustment cognitive processing model. Both separator types were characterized in terms of their visual salience, either salient or non-salient, and contextual novelty, either familiar or novel. Price perception was measured in its negative role, as an outlay of economic resources. Applying a factorial design for multivariate testing of the hypothesized model which predicted lower price perception for salient and novel separators, the results indicated that the separators’ choice has no effect on its own. In turn, an interaction among the separators’ salience and novelty occurred mainly driven by two of the six presented products, possibly revealing limitations to the study. American consumers revealed generally higher levels of perceived prices than European. The study contributes by linking pricing and process numbering literature, providing several recommendations for studies to come.application/pdfporA cross-cultural study on the effect of decimal separator on price perceptionBaecker, Christian RomanDe Wilde, ElsHostingInstitutionOrganizationalRUNe-mailmailto:run@unl.ptrun@unl.pt2013-08-08T12:38:43Z2010-062010-06-01T00:00:00ZHandlehttp://hdl.handle.net/10362/10322http://purl.org/coar/access_right/c_abf2open accessPrice perceptionDecimal separatorSalienceNovelty1292272 bytesliteraturehttp://purl.org/coar/resource_type/c_bdccmaster thesishttp://purl.org/coar/access_right/c_abf2application/pdffulltexthttps://run.unl.pt/bitstreams/82dddb08-3da2-459e-8bdc-36381da8473c/download
spellingShingle A cross-cultural study on the effect of decimal separator on price perception
A cross-cultural study on the effect of decimal separator on price perception
Baecker, Christian Roman
Price perception
Decimal separator
Salience
Novelty
Baecker, Christian Roman
Price perception
Decimal separator
Salience
Novelty
status NEW
subject.fl_str_mv Price perception
Decimal separator
Salience
Novelty
title A cross-cultural study on the effect of decimal separator on price perception
title_full A cross-cultural study on the effect of decimal separator on price perception
title_fullStr A cross-cultural study on the effect of decimal separator on price perception
A cross-cultural study on the effect of decimal separator on price perception
title_full_unstemmed A cross-cultural study on the effect of decimal separator on price perception
A cross-cultural study on the effect of decimal separator on price perception
title_short A cross-cultural study on the effect of decimal separator on price perception
title_sort A cross-cultural study on the effect of decimal separator on price perception
topic Price perception
Decimal separator
Salience
Novelty
topic_facet Price perception
Decimal separator
Salience
Novelty
url http://hdl.handle.net/10362/10322
visible 1