How much is 'dearer' and 'cheaper'? - a cross cultural study of the psychological just noticeable difference for price.

The objective of this study is to investigate the existence of Psychological Just Noticeable Difference (PJND) in Singapore and Switzerland and to examine consumers' attitude towards price promotions. Our findings demonstrate the existence of PJND level differences across cultures.

Bibliographic Details
Main Authors: Herold, Brigitte., Peggy Sandrasari Tjakradisurya.
Other Authors: Marshall, Roger
Format: Thesis
Language:English
Published: 2008
Subjects:
Online Access:http://hdl.handle.net/10356/7622
Description
Summary:The objective of this study is to investigate the existence of Psychological Just Noticeable Difference (PJND) in Singapore and Switzerland and to examine consumers' attitude towards price promotions. Our findings demonstrate the existence of PJND level differences across cultures.