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The Effects of Price Simplicity-Complexity on Price Transparency and Attractiveness
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가격 단순-복잡성이 가격 투명성과 가격 매력도 지각에 미치는 영향

논문 기본 정보

Type
Academic journal
Author
Kwanho Suk (고려대학교) Yoo Hyun-jung (충북대학교) LEE SEONGLIM (성균관대학교) Lee Jin Yong (중앙대학교) Hwan Chung (건국대학교)
Journal
The Korean Psychological Association 한국심리학회지: 소비자·광고 한국심리학회지: 소비자·광고 제23권 제2호 KCI Accredited Journals
Published
2022.5
Pages
59 - 86 (28page)

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The Effects of Price Simplicity-Complexity on Price Transparency and Attractiveness
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This research examines the influence of price simplicity and complexity on consumer perceptions of price transparency and price attractiveness, focusing on smartphone prices. Although smartphones become consumer necessity that most consumers use every day and purchase frequently, many consumers experience difficulties in understanding smart phone prices because of the complexity of the price structure. This research proposes hypothesis that complexity of smartphone price influences perceptions of price transparency, which in turn affects price attractiveness. In addition, this research tests the moderating role of the deceptive intentions of the complex price in the influence of price simplicity-complexity on price attractiveness. Three empirical studies (two experiments and one survey) test our proposed theory and hypotheses. The results show that the influences of price simplity-complexcity on price attractiveness vary depending on the deceptive intentions of the complex price. When the complex price is set in a deceptive way to look less expensive, price complexity (vs. simplicity) has a positive influence on price attractiveness. However, at the same time, a complex price is also perceived to be less transparent, having a negative indirect effect on price attractiveness. Therefore, when the complex price is set to be deceptive, price simplicity-complexity has both positive and negative effects on price attractiveness simultaneously. On the contrary, when the complex price is not deceptive, price complexity (vs. simplicity) has negative influence on both price transparency and attractiveness perceptions.

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