Non-monetary price perceived in e-peer-to peer accommodation. Airbnb guests’ perspective

Price is considered as a key variable in predicting buying behavior. However, few studies have focused on how non-monetary price is affected and can affect other components of the consumer endogenous variables. This paper seeks (1) to analyze the effects of antecedents of behavioural price (past exp...

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Main Authors: Inés Küster, Juan J. Pascual
Format: Article
Language:English
Published: Universidad del País Vasco (UPV/EHU) 2021-01-01
Series:Management Letters/Cuadernos de Gestión
Subjects:
Online Access:http://www.ehu.eus/cuadernosdegestion/revista/en/published-issues/articulo?year=2021&vol=21&num=1&o=9
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author Inés Küster
Juan J. Pascual
author_facet Inés Küster
Juan J. Pascual
author_sort Inés Küster
collection DOAJ
description Price is considered as a key variable in predicting buying behavior. However, few studies have focused on how non-monetary price is affected and can affect other components of the consumer endogenous variables. This paper seeks (1) to analyze the effects of antecedents of behavioural price (past experience, the benefits and risks of peer to peer accommodation services) on the guest perceived price, and (2) to determine the effect of this price and past experience on guest intentions. With a sample of 136 Airbnb guests and the use of SEM, results show that past experience, financial risk, and time risk influence the non-monetary perceived price. This price and past experience affect guest intentions. This paper tries to bridge certain gaps detected in the literature: (1) we propose to extend the two main factors underlined, considering non-monetary costs, (2) this paper focuses on peer consumers because there is a lack of specification in previous studies due to authors have not differentiated users into host or guest when they analyse intentions, (3) previous literature has research in Airbnb prices but not in the factors that affect price, not in behavioural price strategies, and (4) much of the work to date has been qualitative in nature, whereas this study takes a quantitative approach.
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spelling doaj.art-4e60089e112a4314917fe938309566442022-12-21T22:42:38ZengUniversidad del País Vasco (UPV/EHU)Management Letters/Cuadernos de Gestión1131-68371988-21572021-01-0121110311310.5295/cdg.201290ikNon-monetary price perceived in e-peer-to peer accommodation. Airbnb guests’ perspectiveInés Küster0https://orcid.org/0000-0002-8688-9175Juan J. Pascual1Department of Marketing – University of Valencia – Faculty of Economics, Ava Tarongers sn 46022 Valencia.– ines.kuster@uv.esAgency Account Strategist Manager for Google Spain – Department of Marketing – University of Valencia – Ava Tarongers sn 46022 Valencia. – juanjo.pascual.saez@gmail.comPrice is considered as a key variable in predicting buying behavior. However, few studies have focused on how non-monetary price is affected and can affect other components of the consumer endogenous variables. This paper seeks (1) to analyze the effects of antecedents of behavioural price (past experience, the benefits and risks of peer to peer accommodation services) on the guest perceived price, and (2) to determine the effect of this price and past experience on guest intentions. With a sample of 136 Airbnb guests and the use of SEM, results show that past experience, financial risk, and time risk influence the non-monetary perceived price. This price and past experience affect guest intentions. This paper tries to bridge certain gaps detected in the literature: (1) we propose to extend the two main factors underlined, considering non-monetary costs, (2) this paper focuses on peer consumers because there is a lack of specification in previous studies due to authors have not differentiated users into host or guest when they analyse intentions, (3) previous literature has research in Airbnb prices but not in the factors that affect price, not in behavioural price strategies, and (4) much of the work to date has been qualitative in nature, whereas this study takes a quantitative approach.http://www.ehu.eus/cuadernosdegestion/revista/en/published-issues/articulo?year=2021&vol=21&num=1&o=9perceived non-monetary priceguests’ intentionsec2c accommodationairbnb
spellingShingle Inés Küster
Juan J. Pascual
Non-monetary price perceived in e-peer-to peer accommodation. Airbnb guests’ perspective
Management Letters/Cuadernos de Gestión
perceived non-monetary price
guests’ intentions
ec2c accommodation
airbnb
title Non-monetary price perceived in e-peer-to peer accommodation. Airbnb guests’ perspective
title_full Non-monetary price perceived in e-peer-to peer accommodation. Airbnb guests’ perspective
title_fullStr Non-monetary price perceived in e-peer-to peer accommodation. Airbnb guests’ perspective
title_full_unstemmed Non-monetary price perceived in e-peer-to peer accommodation. Airbnb guests’ perspective
title_short Non-monetary price perceived in e-peer-to peer accommodation. Airbnb guests’ perspective
title_sort non monetary price perceived in e peer to peer accommodation airbnb guests perspective
topic perceived non-monetary price
guests’ intentions
ec2c accommodation
airbnb
url http://www.ehu.eus/cuadernosdegestion/revista/en/published-issues/articulo?year=2021&vol=21&num=1&o=9
work_keys_str_mv AT ineskuster nonmonetarypriceperceivedinepeertopeeraccommodationairbnbguestsperspective
AT juanjpascual nonmonetarypriceperceivedinepeertopeeraccommodationairbnbguestsperspective