APS
29th APS Annual Convention · 2017
The Effect of Roundedness of Numeric Information on Purchase Decision: The Moderating Role of Consumption Goal
- Moon-Yong Kim
Hankuk University of Foreign Studies
Abstract
This research examines the differential impact of roundedness of numeric information on purchase decisions, based on whether the consumption goal underlying a product purchase is hedonic versus utilitarian. Two experiments demonstrate that rounded (nonrounded) numeric information enhances purchase intentions when the consumption goal associated with the product is hedonic (utilitarian).
Judgment and Decision Making