NSS: Pricesensitivity-meter (PSM)

Date of publication: September 1, 1976

Abstract:

In this paper we present a new technique for the measurement of price-perception in surveys. The technique is partly based on earlier research in this field but incorporates important new features. The approach is essentially psychometric. The technique is presented in detail, and a number of applications show that is works and how it works.

Peter H. van Westendorp

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