Price Number Relationships and Deal Processing Fluency: The Effects of Approximation Sequences and Number Multiples

Volume: 51, Issue: 1, Pages: 69 - 82
Published: Feb 1, 2014
Abstract
This research investigates how the relationships among pieces of numerical information in a price promotional offer (i.e., regular price, sale price, absolute discount, and relative discount) affect deal processing fluency. Across four studies (including a field study involving purchase data collected from an online group-buying website), the authors show that when the numbers constitute an approximation sequence or are multiples of one another,...
Paper Details
Title
Price Number Relationships and Deal Processing Fluency: The Effects of Approximation Sequences and Number Multiples
Published Date
Feb 1, 2014
Volume
51
Issue
1
Pages
69 - 82
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