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A Comparative Analysis of Three Consumer Decisions Strategies.

Authors :
Peter, J. Paul
Tarpey Sr., Lawrence X.
Source :
Journal of Consumer Research; Jun75, Vol. 2 Issue 1, p29-37, 9p, 5 Charts
Publication Year :
1975

Abstract

This study compared three alternative decision-making strategies in the consumer behavior literature: (1) minimization of expected negative utility (perceived risk); (2) maximization of expected positive utility (perceived return); and (3) maximization of expected net utility (net perceived return). The results of this study indicated that the net perceived return model could explain more variance in brand preference than the other two models. [ABSTRACT FROM AUTHOR]

Details

Language :
English
ISSN :
00935301
Volume :
2
Issue :
1
Database :
Complementary Index
Journal :
Journal of Consumer Research
Publication Type :
Academic Journal
Accession number :
4656816
Full Text :
https://doi.org/10.1086/208613