APS

2022 APS Annual Convention · 2022

“Labeled” Means “Good”: Consumers Prefer Products with Quantified Attribute Labels

Chicago, IL · May 2022

Poster · Social

  • 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

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