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  <title>The Effect of price on preference consistency over</title>
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 <genre authority="marcgt">bibliography</genre>
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  <place>
   <placeTerm type="text">Chicago</placeTerm>
   <publisher>University of Chicago Press</publisher>
   <dateIssued>June 2014</dateIssued>
  </place>
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  <languageTerm type="text"></languageTerm>
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  <extent>p. 109 - 118</extent>
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 <note>Construal level theory indicates that consumers tend to prefer products &#13;
high in desirability (greater functionality) for distant-future &#13;
decisions but switch their preferences toward products high in &#13;
feasibility (greater usage convenience) for nearfuture decisions. The &#13;
current research demonstrates that price information, traditionally &#13;
considered as a feasibility cue, can increase consumers' near-future &#13;
preference toward products with greater functionality despite their low &#13;
convenience, leading to preference consistency over time. As the &#13;
underlying mechanism, price information increases the functionality &#13;
importance for near-future decisions due to consumers' enhanced &#13;
value-seeking tendency when seeing price and their lay belief that &#13;
greater functionality represents higher value. Further, when consumers &#13;
are led to believe that greater convenience represents higher value, &#13;
price and the value-seeking tendency result in a greater preference &#13;
toward easy-to-use products for the distant future and lead to &#13;
preference consistency across time as well. Theoretical implications are&#13;
 discussed. [ABSTRACT FROM AUTHOR] &lt;br&gt;</note>
 <note type="statement of responsibility"></note>
 <classification></classification>
 <identifier type="isbn">00935301</identifier>
 <location>
  <physicalLocation>Perpustakaan - Sekolah Tinggi Manajemen PPM Pusat Informasi Manajemen</physicalLocation>
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