Gendall, Philip - In: Journal of Product & Brand Management 7 (1998) 5, pp. 421-432
This study used choice modelling to estimate the effect of odd pricing on the demand for three products: a $4 can of fly spray, a $7 block of cheese, and a $50 electric kettle, with each product represented by three different brands. For cheese and fly spray a significant odd‐price effect was...