The price-perceived quality relationship: A meta-analytic review and assessment of its determinants
Julian Hofmann (),
Michel Clement,
Franziska Völckner and
Thorsten Hennig-Thurau
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Julian Hofmann: UHH - Universität Hamburg = University of Hamburg
Michel Clement: UHH - Universität Hamburg = University of Hamburg
Franziska Völckner: Universität zu Köln = University of Cologne
Thorsten Hennig-Thurau: University of Muenster
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Abstract:
The authors conducted a meta-analysis of study results on the priceperceived quality relationship published from 1989 to 2006. The findings show that the price effect on perceived quality has decreased. Furthermore, the price–quality relationship is stronger in studies that use a within-subjects design, investigate higher priced products, and use samples from European countries but weaker for services, durable goods, and respondents who are familiar with the product. A striking null result indicates that the number of cues does not affect the price-perceived quality relationship significantly.
Keywords: Price-perceived quality relationship; Informational role of price; Meta-analysis (search for similar items in EconPapers)
Date: 2007-08-15
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Citations: View citations in EconPapers (28)
Published in Marketing Letters, 2007, 18 (3), pp.181-196. ⟨10.1007/s11002-007-9013-2⟩
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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-02990424
DOI: 10.1007/s11002-007-9013-2
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