Abstract:This study examines how the same online consumer ratings can be perceived differently by consumers in different purchasing circumstances and demonstrates that the effects of ratings proportionally vary with scale and assessment types. By applying Weber's law, which explains the shifting perception of individuals on stimuli based on mental scaling mechanism, we hypothesize that the marginal effect of rating (i.e. when there is one product to value) and rating difference (i.e., when there are two products to com… Show more
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