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Estimating Price-Quality Tradeoffs Using Comparative Judgments

Bibliographic Data

ID2970201
AuthorsIrwin P Levin, Richard D Johnson (0000-0001-9367-8889)
Year1984
Volume11
Issue1
Pages593
Publication date1984-06-01
Peer ReviewedYes
Open AccessNo
TypeARTICLE
VenueJournal of Consumer Research (JOURNAL)
Journal identifiersISSN: 0093-5301 • E-ISSN: 1537-5277
PublisherOxford University Press (OUP) (PUBLISHER)
DOI10.1086/208995
OpenAlexW2136367773
LanguageEN
Citations received9
References cited10

A subtractive model was found to describe how subjects traded off price and quality values when equating two purchases of ground beef. Derived estimates of price change per unit of quality varied as a function of whether price or quality judgments were required and whether the quality dimension was expressed in positive (percent lean) or negative terms (percent fat). Results were discussed in terms of factors that affect the generality of conclusions about price—quality tradeoffs

Affect (linguistics) · Dimension (graph theory) · Econometrics · Economics · Equating · Function (biology) · Generality · Quality (philosophy) · Statistics · Economic and Environmental Valuation · Economics of Agriculture and Food Markets · Mathematics · Psychology · Wine Industry and Tourism

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Unique citing works9
Citations per year0,24
Citation span1988 - 2025 (38)
Citation velocityrecent
Highly citedNo
Citation typesNeutral: 9
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