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Eugene Y. Chan ()
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Eugene Y. Chan: Toronto Metropolitan University

Chapter Chapter 3 in Consumer Behavior in Practice, 2024, pp 45-63 from Springer

Abstract: Abstract Understand the psychological factors that influenceinfluence consumers’ perception of prices, and apply this knowledge to create pricing strategies that align with consumer expectations and motivations.

Keywords: Reference price; Decoy effect; Anchoring; Discounts (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-031-50947-6_3

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DOI: 10.1007/978-3-031-50947-6_3

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