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Perceived inflation: The role of product accessibility and attitudes towards inflation
Stockholms universitet, Samhällsvetenskapliga fakulteten, Psykologiska institutionen, Kognitiv psykologi. Leeds University Business School, UK; University of Trieste, Italy.
Antal upphovsmän: 32016 (Engelska)Ingår i: Journal of Economic Psychology, ISSN 0167-4870, E-ISSN 1872-7719, Vol. 56, s. 97-106Artikel i tidskrift (Refereegranskat) Published
Abstract [en]

Little is known about the psychological mechanisms underlying judgments of perceived inflation as empirical evidence is sparse. In two studies, we investigated two factors that are expected to play a significant role in global judgments of perceived inflation: product accessibility and attitudes towards inflation. In Study 1 (N = 253), primed participants retrieved five products whose prices had increased (or decreased) in the past year before expressing a judgment of past inflation (versus non-primed participants with no retrieval task). In Study 2 (N = 101) participants were merely exposed to a series of products, and asked to estimate their frequency of purchase, before judging past inflation. In one condition, the prices of the majority of products had actually increased in the last year, while in another condition they had decreased. In both studies, attitudes towards inflation were also measured. Product priming consistently affected inflation judgments in the direction of an assimilation effect. Also, more negative attitudes towards inflation were associated with higher judgments of perceived inflation. Path analysis confirmed that both product accessibility and attitudes are potential bases for judgments of perceived inflation. These findings suggest that multiple psychological influences may underlie global judgments of perceived inflation.

Ort, förlag, år, upplaga, sidor
2016. Vol. 56, s. 97-106
Nyckelord [en]
price change, perceived inflation, product accessibility, priming, attitudes
Nationell ämneskategori
Psykologi Ekonomi och näringsliv
Forskningsämne
psykologi
Identifikatorer
URN: urn:nbn:se:su:diva-135241DOI: 10.1016/j.joep.2016.05.008ISI: 000383310000007OAI: oai:DiVA.org:su-135241DiVA, id: diva2:1045089
Tillgänglig från: 2016-11-08 Skapad: 2016-11-01 Senast uppdaterad: 2017-11-29Bibliografiskt granskad

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Del Missier, Fabio
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Kognitiv psykologi
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Journal of Economic Psychology
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