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221

臺大管理論叢

28

卷第

1

people’s preferences remain unchanged, whereas in reality, people may display different,

or reverse, preferences within two normatively equivalent evaluation conditions (Hsee,

1996). Stimulus options that are hard to evaluate (greater uncertainty) independently (SE

condition) become relatively easier to evaluate (less uncertainty) when they are presented

together (JE condition). Hence, in the SE condition, as nine-ending and zero-ending prices

are presented and evaluated independently, there is no comparison target for each price,

which increases the level of uncertainty involved, as people can rely only on their mental

interpretations of the prices. Consequently, they are more likely to be influenced by the

left-digit effect, which results in the underestimation of the perceived value of the nine-

ending price through converting the numerical digits of both prices into magnitudes, and

the difference between the allocated positions of nine-ending and zero-ending prices on an

internal analog magnitude scale will be significant.

In the JE condition, however, as nine-ending and zero-ending prices are presented

and evaluated simultaneously, the two prices are comparison targets for each other, which

greatly reduce the level of uncertainty. People perceive that the minor difference in the

ending digits (i.e., one cent/dollar difference) caused the difference in the leftmost digits

between two prices. Although they still perceive the price digits as a whole, or an analog

representation, on a mental analog magnitude scale, the magnitude perception determinant

of the prices is no longer anchored by the difference in the leftmost digits, and the

difference between the allocated positions of nine-ending and zero-ending prices on the

analog magnitude scale will be very insignificant, which will diminish the influence of the

difference in the leftmost and ending digits between nine-ending and zero-ending prices.

Additionally, the separate and joint evaluation modes also have an obvious influence

on processing fluency. According to Bettman and Kakkar’s (1977) information format

hypothesis, the format in which information is given has a great influence on information

processes (Kleinmuntz and Schkade, 1993; Schkade and Kleinmuntz, 1994). This study

therefore inferred that the SE and JE modes may affect consumers’ judgment and

decision-making processes. Consistent with the change-process theory developed by

Mellers, Chang, Birnbaum, and Ordóñez (1992), their findings show that the preference

between price and rating can be reversed by many factors such as how information is

displayed and the demand of cognitive effort (Garbarino and Edell, 1997; Payne, 1982). It

was therefore reasonable to predict that people make more effort to judge difficult-to-

evaluate attributes in the JE condition when comparing them to easy-to-evaluate attributes

simultaneously. In other words, making a decision in the JE mode will lead consumers to