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題名 The face value of foreign currency on consumer price perception—The moderating effect of product substitution
作者 林穎青;Fang, Shiuan-Huei
Lin, Ying-Ching;Fang, Shiuan-Huei
貢獻者 廣告系
關鍵詞 Face value effect;Currency numerosity effect;Price perception;Foreign currency
日期 2013
上傳時間 18-Jun-2015 15:13:37 (UTC+8)
摘要 Consumers shopping in a foreign environment evaluate prices based on the relationship between the local currency`s face value and their home currency. The face value effect suggests that when a foreign currency is a multiple of domestic currency (HDCs), consumers overestimate the actual value. In contrast, when their domestic currency (LDCs) is a fraction of the foreign currency, consumers underestimate the actual value. Three experiments examine a premium product`s moderating effect on foreign currency face values. Results show the foreign currency`s face value biases consumer price perception. Testing the face value effect, product substitution serves as an important moderator. The findings suggest implications for regional pricing, Internet pricing, and international tourism pricing.
關聯 Journal of Business Research,66(6), 745-751
資料類型 article
DOI http://dx.doi.org/10.1016/j.jbusres.2011.09.013
dc.contributor 廣告系
dc.creator (作者) 林穎青;Fang, Shiuan-Hueizh_TW
dc.creator (作者) Lin, Ying-Ching;Fang, Shiuan-Huei
dc.date (日期) 2013
dc.date.accessioned 18-Jun-2015 15:13:37 (UTC+8)-
dc.date.available 18-Jun-2015 15:13:37 (UTC+8)-
dc.date.issued (上傳時間) 18-Jun-2015 15:13:37 (UTC+8)-
dc.identifier.uri (URI) http://nccur.lib.nccu.edu.tw/handle/140.119/75953-
dc.description.abstract (摘要) Consumers shopping in a foreign environment evaluate prices based on the relationship between the local currency`s face value and their home currency. The face value effect suggests that when a foreign currency is a multiple of domestic currency (HDCs), consumers overestimate the actual value. In contrast, when their domestic currency (LDCs) is a fraction of the foreign currency, consumers underestimate the actual value. Three experiments examine a premium product`s moderating effect on foreign currency face values. Results show the foreign currency`s face value biases consumer price perception. Testing the face value effect, product substitution serves as an important moderator. The findings suggest implications for regional pricing, Internet pricing, and international tourism pricing.
dc.format.extent 299094 bytes-
dc.format.mimetype application/pdf-
dc.relation (關聯) Journal of Business Research,66(6), 745-751
dc.subject (關鍵詞) Face value effect;Currency numerosity effect;Price perception;Foreign currency
dc.title (題名) The face value of foreign currency on consumer price perception—The moderating effect of product substitution
dc.type (資料類型) articleen
dc.identifier.doi (DOI) 10.1016/j.jbusres.2011.09.013
dc.doi.uri (DOI) http://dx.doi.org/10.1016/j.jbusres.2011.09.013