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臺大管理論叢

26

卷第

2

93

0.894,

p

= 0.413;

M

0

= 3.35 vs.

M

9

= 3.31,

F

= 0.332,

p

= 0.601).

Therefore, when both nine-ending and zero-ending prices had the same leftmost digits,

the nine-ending pricing effect diminished, and the differences in the price magnitude

perception between two kinds of prices were not significant in both SE and JE conditions,

thus supporting H4.

3.3.3 Discussion

Results from Study 3 support H4 that differences in magnitude perceptions between

nine-ending and zero-ending prices are insignificant in both SE and JE conditions when their

leftmost digits are the same. In contrast to the results of Study 1, Study 3 shows that when

the leftmost digits of nine-ending and zero-ending prices are one level apart (e.g., $1.99 vs.

$2.00), the differences in mean magnitude perception between nine-ending and zero-ending

prices are relatively smaller in both SE and JE conditions, and the variations of these

differences between SE and JE conditions are also insignificant for all three stimuli.

Therefore, when nine- and zero-ending prices have the same leftmost digits, participants are

more likely to make similar perceptions for both kinds of prices regardless of the changes in

price ending digits and how they are presented or evaluated. This finding supports Thomas

and Morwitz (2005) inference that the leftmost digit has a more dominant influence over

people’s magnitude perception than do the other digits to its right when multi-digit prices are

being perceived.

3.4 Study 4

According to the basis of cognitive effort, the predictions that the evaluation modes

would moderate the nine-ending effect were supported and proved in Studies 1, 2, and 3. In

Study 4, task complexity, which was most often used to examine the role of cognitive effort

on product evaluations, was manipulated to re-examine the bounded nine-ending effect in

order to more accurately test the strength of the evaluation modes. To understand the role of

task complexity, we might imagine that we are preparing to buy some cookies in a store.

There are usually several different brands with different packaging and different flavors, and

this wide array of choices increases the difficulty and complexity of making a comparison

between items (similar to Appendix). It also has an impact on our shopping time and on what

we will finally purchase. As Keller and Staelin (1987) study indicates, task complexity has

an inverted U-shape relationship with effective decisions. That is, people make an additional

cognitive effort initially, which increases the effectiveness of decision making. Clearly,

complex tasks require more cognitive effort, as Campbell and Gingrich (1986) have