The DOI matches its Crossref record; 7 of the 7 references it cites were found in a registry or an index.
The Effects of Price-Comparison Advertising on Buyers’ Perceptions of Acquisition Value, Transaction Value, and Behavioral Intentions
Abstract
The authors expand and integrate prior price-perceived value models within the context of price comparison advertising. More specifically, the conceptual model explicates the effects of advertised selling and reference prices on buyers’ internal reference prices, perceptions of quality, acquisition value, transaction value, and purchase and search intentions. Two experimental studies test the conceptual model. The results across these two studies, both individually and combined, support the hypothesis that buyers’ internal reference prices are influenced by both advertised selling and reference prices as well as the buyers’ perception of the product's quality. The authors also find that the effect of advertised selling price on buyers’ acquisition value was mediated by their perceptions of transaction value. In addition, the effects of perceived transaction value on buyers’ behavioral intentions were mediated by their acquisition value perceptions. The authors suggest directions for further research and implications for managers.
Overview
Integrity signals
Registry
Cites
Statistics
Verification
Claims the paper makes
Claims other papers make about this one
Each is checked against this paper’s own text: does it say what the citing paper says it does?
In the citing paper
“A positive effect of dynamic pricing on revenue and profits has been found in the hospitality industry [37, 44, 91, 94, 93, 4] as well as in other economic sectors [96, 95, 69, 80].”
From Consumer perception of price fairness and dynamic pricing: Evidence from Booking.com (2022) · cites this paper as [44]
Citations
Cites
Evaluating Structural Equation Models with Unobservable Variables and Measurement Error
Fornell, C., & Larcker, D. F. (1981) · Journal of Marketing Research · doi:10.2307/3151312 · Cited by 109,314
Evaluating structural equation models with unobservable variables and measurement error
Fornell, C., & Larcker, D. F. (1981) · Journal of Marketing Research · doi:10.1177/002224378101800104 · Cited by 109,190
Baron, R. M., & Kenny, D. A. (1986) · Journal of Personality and Social Psychology · doi:10.1037/0022-3514.51.6.1173 · Cited by 91,532
Structural equation modeling in practice: A review and recommended two-step approach
Anderson, J. C., & Gerbing, D. W. (1988) · Psychological Bulletin · doi:10.1037/0033-2909.103.3.411 · Cited by 41,941
On the Evaluation of Structural Equation Models
Bagozzi, R. P., & Yi, Y. (1988) · Journal of the Academy of Marketing Science · doi:10.1007/bf02723327 · Cited by 26,163
Comparative fit indexes in structural models.
Bentler, P. M. (1990) · Psychological Bulletin · doi:10.1037/0033-2909.107.2.238 · Cited by 25,266
Lichtenstein, D. R., Netemeyer, R. G., & Burton, S. (1990) · Journal of Marketing · doi:10.1177/002224299005400305 · Cited by 1,054
Research works printed but not linked: 55
- 10.1287/mnsc.33.4.525 · DOI
- 10.1177/009207038801600107 · DOI · Paper page
- Bearden William O., 1992, Advances in Consumer Research, 19, 629
- 10.1177/002224378201900404 · DOI
- 10.1037/0033-2909.88.3.588 · DOI
- 10.1086/208564 · DOI
- Chapman Joseph D., 1990, “The Framing Effects of Alternative Price Promotions on Buyers’ Subjective Product Evaluations,”
- 10.1177/002224298504900209 · DOI
- 10.2307/3151334 · DOI
- 10.1177/002224379102800305 · DOI · Paper page
- Dolan Robert J., 1995, Harvard Business Review, 73, 174
- Forbes John L., 1978, Business Horizons, 21, 25, 10.1016/0007-6813(78)90004-6 · DOI
- Grewal Dhruv, 1989, “The Effect of Intrinsic, Extrinsic Cues and Reference Prices on Buyers’ Perceptions of Quality and Value,”
- 10.1007/BF02230967 · DOI
- 10.1177/074391569201100106 · DOI
- Grewal Dhruv, 1993, Advances in Consumer Research, 20, 479
- 10.1086/209473 · DOI
- 10.1086/209184 · DOI
- 10.1086/209194 · DOI
- 10.1177/002224377801500208 · DOI
- Hyun Soeun, 1993, “The Effects of Contextual Cues on Consumers’ Perceptions of Comparative Price Advertisements,”
- 10.1177/002224298705100404 · DOI
- Jöreskog Karl G., 1989, LISREL VII: Analysis of Linear Structural Relationships by the Methods of Maximum Likelihood.
- 10.1016/0022-4359(94)90011-6 · DOI
- 10.1287/mnsc.26.11.1117 · DOI
- Klein Noreen M., 1987, Advances in Consumer Research, 14, 183
- 10.1086/208995 · DOI
- 10.1086/209193 · DOI
- 10.1177/002224379303000208 · DOI
- 10.1086/209285 · DOI
- 10.1037/0033-2909.103.3.391 · DOI
- 10.1177/002224377301000110 · DOI
- Monroe Kent B., 1990, Pricing: Making Profitable Decisions
- Monroe Kent B., 1987, Advances in Consumer Research, 14, 193
- MonroeKent B., GrewalDhruv, and CompeauLarry D. (1991), “The Concept of Reference Prices: Theoretical Justifications and Research Issues,” presented at the Association for Consumer Research Conference, Chicago (October).
- Monroe Kent B., 1985, Perceived Quality: How Consumers View Stores and Merchandise, 209
- Nagle Thomas T., 1995, The Strategy and Tactics of Pricing
- 10.1177/002224298905300202 · DOI · Paper page
- 10.1177/002224298304700204 · DOI
- 10.1177/002224299405800102 · DOI
- 10.1086/209162 · DOI
- 10.1177/002224378902600309 · DOI
- Schindler Robert M., 1989, Advances in Consumer Research, 16, 447
- Shapiro Benson P., 1978, Harvard Business Review, 119
- Shapiro Benson P., 1987, Harvard Business Review, 65, 101
- 10.1086/258464 · DOI
- 10.1037/h0035796 · DOI
- 10.1287/mksc.4.3.199 · DOI · Paper page
- 10.1007/BF02291170 · DOI · Paper page
- Urbany Joel E., 1989, Enhancing Knowledge Development in Marketing, 45
- Urbany Joel E., 1990, “The Effects of Advertised Price Information on Value Perceptions,”
- 10.1086/209148 · DOI
- Urbany Joel E., 1990, “Consumer Knowledge of Normal Prices: An Exploratory Study and Framework,”
- 10.1016/0148-2963(89)90002-7 · DOI
- 10.1177/002224298805200302 · DOI · Paper page
Cited by
Sorted by citations
Value-based Adoption of Mobile Internet: An empirical investigation
Kim, H.-W., Chan, H. C., & Gupta, S. (2007) · Decision Support Systems · doi:10.1016/j.dss.2005.05.009 · Cited by 2,084
The four levels of loyalty and the pivotal role of trust: a study of online service dynamics
Harris, L. C., & Goode, M. M. H. (2004) · Journal of Retailing · doi:10.1016/j.jretai.2004.04.002 · Cited by 1,425
The concept of perceived value: a systematic review of the research
Sánchez-Fernández, R., & Iniesta-Bonillo, M. Á. (2007) · Marketing Theory · doi:10.1177/1470593107083165 · Cited by 1,269
Kim, S., & Park, H. (2013) · International Journal of Information Management · doi:10.1016/j.ijinfomgt.2012.11.006 · Cited by 1,037
Reference Price Research: Review and Propositions
Mazumdar, T., Raj, S. P., & Sinha, I. (2005) · Journal of Marketing · doi:10.1509/jmkg.2005.69.4.84 · Cited by 848
The role of affective factors on perceived cruise vacation value
Duman, T., & Mattila, A. S. (2005) · Tourism Management · doi:10.1016/j.tourman.2003.11.014 · Cited by 652
Chen, S.-C., & Lin, C.-P. (2019) · Technological Forecasting and Social Change · doi:10.1016/j.techfore.2018.11.025 · Cited by 606
Dynamic Pricing and Consumer Fairness Perceptions
Haws, K. L., & Bearden, W. O. (2006) · Journal of Consumer Research · doi:10.1086/508435 · Cited by 520
Service value revisited: Specifying a higher-order, formative measure
Ruiz, D. M., Gremler, D. D., Washburn, J. H., & Carrión, G. C. (2008) · Journal of Business Research · doi:10.1016/j.jbusres.2008.01.015 · Cited by 361
Chen, P.-T., & Hu, H.-H. (2010) · International Journal of Hospitality Management · doi:10.1016/j.ijhm.2009.09.006 · Cited by 269
Grewal, D., Hardesty, D. M., & Iyer, G. R. (2004) · Journal of Interactive Marketing · doi:10.1002/dir.20024 · Cited by 201
Self-citationConsumers’ perceptions of the fairness of price-matching refund policies
Kukar-Kinney, M., Xia, L., & Monroe, K. B. (2007) · Journal of Retailing · doi:10.1016/j.jretai.2007.03.005 · Cited by 174
Self-citationHewei, T., & Youngsook, L. (2022) · Entertainment Computing · doi:10.1016/j.entcom.2021.100474 · Cited by 169
The dual role of price: Decomposing consumers’ reactions to price
Völckner, F. (2008) · Journal of the Academy of Marketing Science · doi:10.1007/s11747-007-0076-7 · Cited by 160
I Have Paid Less Than You! The Emotional and Behavioral Consequences of Advantaged Price Inequality
Gelbrich, K. (2011) · Journal of Retailing · doi:10.1016/j.jretai.2011.03.003 · Cited by 132
Consumer response to norm-breaking pricing events in e-commerce
Garbarino, E., & Maxwell, S. (2010) · Journal of Business Research · doi:10.1016/j.jbusres.2008.12.010 · Cited by 126
An exploratory study of service value in the USA and Ecuador
Brady, M. K., & Robertson, C. J. (1999) · International Journal of Service Industry Management · doi:10.1108/09564239910289003 · Cited by 117
Consumers’ willingness to pay for upcycled foods
Bhatt, S., Ye, H., Deutsch, J., Ayaz, H., & Suri, R. (2020) · Food Quality and Preference · doi:10.1016/j.foodqual.2020.104035 · Cited by 112
Is a good deal always fair? Examining the concepts of transaction value and price fairness
Xia, L., & Monroe, K. B. (2010) · Journal of Economic Psychology · doi:10.1016/j.joep.2010.07.001 · Cited by 100
Self-citationAddressing food waste: How to position upcycled foods to different generations
Zhang, J., Ye, H., Bhatt, S., Jeong, H., Deutsch, J., Ayaz, H., & Suri, R. (2021) · Journal of Consumer Behaviour · doi:10.1002/cb.1844 · Cited by 101
On Consumer Beliefs about Quality and Taste
Spiller, S. A., & Belogolova, L. (2016) · Journal of Consumer Research · doi:10.1093/jcr/ucw065 · Cited by 95
Price Fairness of Airline Ancillary Fees: An Attributional Approach
Chung, J. Y., & Petrick, J. F. (2013) · Journal of Travel Research · doi:10.1177/0047287512457261 · Cited by 88
Seeking the perfect price: Consumer responses to personalized price discrimination in e-commerce
Hufnagel, G., Schwaiger, M., & Weritz, L. (2022) · Journal of Business Research · doi:10.1016/j.jbusres.2021.10.002 · Cited by 78
Consumer perception of price fairness and dynamic pricing: Evidence from Booking.com
Alderighi, M., Nava, C. R., Calabrese, M., Christille, J.-M., & Salvemini, C. B. (2022) · Journal of Business Research · doi:10.1016/j.jbusres.2022.03.017 · Cited by 63
Loyalty in e-Tailing: A Conceptual Framework
Grewal, D., Lindsey-Mullikin, J., & Munger, J. (2004) · Journal of Relationship Marketing · doi:10.1300/j366v02n03_03 · Cited by 48
Self-citationMarketing tactics discouraging price search: Deception and competition
Lindsey-Mullikin, J., & Petty, R. D. (2011) · Journal of Business Research · doi:10.1016/j.jbusres.2009.10.003 · Cited by 41
Pricing and Public Policy: A Research Agenda and an Overview of the Special Issue
Grewal, D., & Compeau, L. D. (1999) · Journal of Public Policy & Marketing · doi:10.1177/074391569901800102 · Cited by 40
Self-citationUppercase Premium Effect: The Role of Brand Letter Case in Brand Premiumness
Yu, Y., Zhou, X., Wang, L., & Wang, Q. (2022) · Journal of Retailing · doi:10.1016/j.jretai.2021.03.002 · Cited by 29
Consumers' Interpretations of the Semantic Phrases Found in Reference Price Advertisements
COMPEAU, L. D., LINDSEY‐MULLIKIN, J., GREWAL, D., & PETTY, R. D. (2004) · Journal of Consumer Affairs · doi:10.1111/j.1745-6606.2004.tb00471.x · Cited by 25
Self-citationBuilding customer-based brand equity of domestic brands: Role of brand equity dimensions
Sharma, R. (2017) · Metamorphosis: A Journal of Management Research · doi:10.1177/0972622517702187 · Cited by 19
Tudoran, A. A., & Olsen, S. O. (2017) · Journal of Consumer Behaviour · doi:10.1002/cb.1633 · Cited by 13
“…measured with four open-ended questions to measure the four dimensions of the construct (i.e. expected price, Simonson and Drolet, 2004; fair price, Grewal et al., 1998; inexpensive/minimum price, Wertenbroch and Skiera, 2002 and maximum price a consumer is willing to pay for a given quantity of…”
MethodCarvache-Franco, M., Carrascosa-López, C., & Carvache-Franco, W. (2021) · Land · doi:10.3390/land10111133 · Cited by 11
Wanda, M., & Pasaribu, P. (2023) · Journal of Business, Management, and Social Studies · doi:10.53748/jbms.v2i3.46 · Cited by 2
Metadata
- Authors
- Grewal, D., Monroe, K. B., & Krishnan, R.
- Affiliations
- University of Miami (US)
- University of Illinois Urbana-Champaign (US)
- California Polytechnic State University (US)
- ORCID
- Grewal, Dhruv
- Venue
- Journal of Marketing
- Publisher
- SAGE Publications
- Published
- 1998-04
- Volume
- 62
- Issue
- 2
- Pages
- 46-59
- ISSN
- 0022-2429 (ISSN-L)
- 1547-7185
- OpenAlex
- W4253828088
- Cited by
- 1,300
- References
- 7
- Citations by year
- 2026: 22 · 2025: 41 · 2024: 48 · 2023: 48 · 2022: 55 · 2021: 86 · 2020: 69 · 2019: 63 · 2018: 76 · 2017: 65 · 2016: 57 · 2015: 83 · 2014: 76 · 2013: 52 · 2012: 52
- FWCI
- 52.71
- Type
- journal article
- Language
- en
- Open access
- closed
- Locations
- Journal of Marketing (publishedVersion)
- Topics
- Social Sciences › Business, Management and Accounting › Marketing › Consumer Market Behavior and Pricing
- Social Sciences › Business, Management and Accounting › Marketing › Consumer Behavior and Marketing Influence
- Social Sciences › Business, Management and Accounting › Marketing › Customer Service Quality and Loyalty
- Keywords
- internal reference price, acquisition value, transaction value, perceived quality, purchase intention, search intent, reference prices
About these checks
Registry, retraction, Cites and statistics results are computed, not judged, with one exception: a printed reference that no index lists is read once by a model before it counts as a citation error. Claims are extracted by a model and kept only when their quote appears verbatim in the text; each cited source is then checked, with a model’s help, for whether it says what the claim relies on. Those verdicts can be wrong — read the claim’s quote and the cited source before relying on one.
Statistics and arithmetic are recomputed, not judged.
Confidence bands are shown only for fields calibrated on our annotated test set. None is calibrated yet, so no band is shown.
What counts as a claim ›How we measure confidence ›How we check this ›
Are you an author, or do you see a problem with this page? Request a review