APS

29th APS Annual Convention · 2017

The Effect of Roundedness of Numeric Information on Purchase Decision: The Moderating Role of Consumption Goal

Boston, MA · May 2017

Poster Session · Cognitive

  • 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

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