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.
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.
Julio Sevilla, University of Georgia, USA
Rajesh Bagchi, Virginia Tech, USA
NA - Advances in Consumer Research Volume 46 | 2018
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