APS
2022 APS Annual Convention · 2022
“Labeled” Means “Good”: Consumers Prefer Products with Quantified Attribute Labels
- Jiaqi Yu
University of Chicago - Oleg Urminsky
University of Chicago
Abstract
Across eight studies consumers preferred to buy a product option presenting either low or high attribute quantity (e.g., protein content in milk) over another product without such information. The results suggest that quantified claims are interpreted as positive signals, even when the quantity is not evaluable.
Decision Making