How Numeric Roundness Influences Probability Perceptions
While past research has predominantly shown that consumers prefer round numbers, this work demonstrates that people prefer non-round numbers in cases when preference depends on perceptions about the likelihood of occurrence of a number. We document this across contexts involving lottery ticket choices and probabilistic assessments.
Citation:
Julio Sevilla and Rajesh Bagchi (2018) ,"How Numeric Roundness Influences Probability Perceptions", in NA - Advances in Consumer Research Volume 46, eds. Andrew Gershoff, Robert Kozinets, and Tiffany White, Duluth, MN : Association for Consumer Research, Pages: 293-297.
Authors
Julio Sevilla, University of Georgia, USA
Rajesh Bagchi, Virginia Tech, USA
Volume
NA - Advances in Consumer Research Volume 46 | 2018
Share Proceeding
Featured papers
See MoreFeatured
How Numeric Roundness Influences Probability Perceptions
Julio Sevilla, University of Georgia, USA
Rajesh Bagchi, Virginia Tech, USA
Featured
Ritual Scholarship in Marketing: Past, Present and Future
Cele Otnes, University of Illinois at Urbana-Champaign, USA
Linda Tuncay Zayer, Loyola University Chicago, USA
Robert Arias, University of Illinois at Urbana-Champaign, USA
Arun Sreekumar, University of Illinois at Urbana-Champaign, USA
Featured
The Psychology of the Sharing Economy: How the Sharing Economy Concept Promotes Consumer Altruistic Behaviors
Ping Dong, Northwestern University, USA
Claire I. Tsai, University of Toronto, Canada