“…Perceived risk is important for understanding many consumer behaviours, such as the willingness to buy private label products (Batra and Sinha, 2000;Richardson et al, 1994;Sinha and Batra, 1999). Detailed reviews of research on risk can be found, for example, in Gemünden (1985), Stone andGrønhaug (1993), andMitchell (2001).…”