How Do Experience and Shopping Frequency Affect Consumers Brand Choice
How Do Experience and Shopping Frequency Affect Consumers Brand Choice
复制标题
体验和购物频率如何影响消费者的品牌选择
DOI:
10.22004/ag.econ.244760
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发表时间:
2011
期刊:
影响因子:
--
通讯作者:
T. Farina
中科院分区:
文献类型:
--
作者:
T. Farina
Consumers behave very dierently when they do not have perfect information about all brands available on a shelf. In this paper I extend the benchmark discrete choice model of consumer demand to capture two distinct features of experience-goods markets: prior brand experience and shopping frequency. Although the current literature incorporates habit formation in consumer demand models, it has not considered a more fundamental question: how the rst experience with a brand aects the consumer’s choice. I estimate the model using data on purchases of packaged orange juice, which comes from a new consumerlevel panel provided by a large supermarket chain in Brazil. I nd that for this product prior experience of a brand is as important for a consumer’s choice as price. Furthermore, own- and cross-price elasticities change signicantly when experience and shopping frequency are taken
影响因子:
6.1
作者:
BERRY, S;LEVINSOHN, J;PAKES, A
通讯作者:
PAKES, A