Sattler, Henrik; Rao, Vithala R. - Universität <Jena> / Wirtschaftswissenschaftliche Fakultät - 1997
Consumers use price of a product both as a signal of product quality and as a monetary constraint in choosing it. Consequently, price has two distinct roles - informational and allocative - in the evaluation of a product. In this paper, we test the validity of a research approach proposed by...