2012
DOI: 10.1108/s1745-3542(2012)0000008011
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The Nature and Antecedents of Fair Price Perception in Tourist Experiences

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Cited by 3 publications
(3 citation statements)
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“…This suggests that additional amenities and new attractions may help extend LOS in the region. These extensions of amenities/attractions may also necessitate new pricing strategies to influence the perception of the region as an "inferior good" or "less expensive" product (Røkenes & Prebensen, 2012). Now, it seems that the destination and local attractions simply represent value for the going price or cost of experiencing the destination.…”
Section: Results and Conclusionmentioning
confidence: 99%
“…This suggests that additional amenities and new attractions may help extend LOS in the region. These extensions of amenities/attractions may also necessitate new pricing strategies to influence the perception of the region as an "inferior good" or "less expensive" product (Røkenes & Prebensen, 2012). Now, it seems that the destination and local attractions simply represent value for the going price or cost of experiencing the destination.…”
Section: Results and Conclusionmentioning
confidence: 99%
“…Quality assessments are linked to the price paid; the quality of a single product may thus be assessed differently depending on the price (Rokenes and Prebensen, 2012). Broadly speaking, the level of the observed price is recognized as one of the most important quality indicators affecting the formation of quality expectations (Ding et al, 2010; Erdem et al, 2008; Golder et al, 2012; Suri and Monroe, 2003; Zeithaml et al, 1993).…”
Section: Theory and Research Designmentioning
confidence: 99%
“…Based on this discussion, individuals judge transactions to be fair, if their investment to profit ratio corresponds accordingly with all the involved parties. The involved parties might be of a direct nature, e.g., buyer-seller, or of an indirect nature, e.g., two buyers from one single seller Homans, (1961), cited in (Røkenes and Prebensen, 2012) Adaption level theory Adaption theory implies that perceptions about a given price are evoked not just by comparing the actual price with an internal adaption level price (or reference price), but also by considering the magnitude of difference between those two prices. Relative to this difference, responses are formed about whether the price is regarded as being too expensive, inexpensive or neutral Helson, (1964) cited in (Oh, 2003).…”
Section: Distributive Justice Theorymentioning
confidence: 99%