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dc.contributor.authorKujala, Jouni T.
dc.contributor.authorJohnson, Michael D.
dc.description.abstractExisting models of price search presume a direct link between knowledge and search behavior. We argue that these models are not well suited to more habitual, low involvement purchase situations where search behavior and price knowledge are more independent. An alternative, adaptive rationality model is proposed in which these constructs are only indirectly related. An empirical study of Finnish consumers' purchases of fresh produce and meat products is reported which supports the adaptive rationality model.
dc.rightsRequired Publisher Statement: © Elsevier. Final version published as: Kujala, J. T., & Johnson, M. D. (1993). Price knowledge and search behavior for habitual, low involvement food purchases. Journal of Economic Psychology, 14(2), 249-265. doi:10.1016/0167-4870(93)90002-3 Reprinted with permission. All rights reserved.
dc.subjectsearch behavior
dc.subjectLISREL models
dc.subjectprice knowledge
dc.subjectfood purchase
dc.titlePrice Knowledge and Search Behavior for Habitual, Low Involvement Food Purchases
dc.description.legacydownloadsJohnson43_Price_knowledge.pdf: 214 downloads, before Aug. 1, 2020.
local.authorAffiliationKujala, Jouni T.: University of Helsinki
local.authorAffiliationJohnson, Michael D.: Cornell University School of Hotel Administration

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