Individual differences in competent consumer choice: the role of Cognitive Reflection and Numeracy skills

In this paper, we investigate whether cognitive reflection and numeracy skills affect the quality of the consumers’ decision-making process in a purchase decision context. In a first (field) experiment, an identical product was on sale in two shops with different initial prices and discounts. One of...

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Bibliographic Details
Main Authors: Michele eGraffeo, Luca ePolonio, Nicolao eBonini
Format: Article
Language:English
Published: Frontiers Media S.A. 2015-06-01
Series:Frontiers in Psychology
Subjects:
Online Access:http://journal.frontiersin.org/Journal/10.3389/fpsyg.2015.00844/full