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Author:Frankenberger, K.
Albaum, G.
Title:Using behavioral decision theory to assess advertisement recognition tasks by level of difficulty
Journal:Psychology and Marketing
1997 : MAR, VOL. 14:2, p. 145-162
Index terms:PSYCHOLOGY
MARKETING
ADVERTISING
Language:eng
Abstract:Studies on human decision making consistently report that people are overconfident about the accuracy of their judgments in discrete-choice tasks. Based on these studies, hypotheses were made about the accuracy with which consumers can judge their own ability to correctly recognize price advertisements. Results of an experiment conducted at three different levels of involvement indicate that subjects are not very good at assessing the accuracy of their recognition judgments, tending to be overconfident at low levels of involvement.
SCIMA record nr: 158529
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