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Study examines why consumers prefer familiar products

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From the University of Chicago Press Journals press release via EurekAlert!: Consumers are more likely to purchase a product if they have previously focused their attention on it but are less likely to purchase a… 

Study suggests consumers differ in desire for explanations

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From the University of Colorado press release: The depth of explanation about novel products influences consumer preferences and willingness to pay, according to a study led by the University of Colorado Boulder and Brown University.… 

Study looks at why consumers overspend on exceptional purchases

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From the University of Chicago Press Journals press release via EurekAlert!: Consumers routinely overspend on unbudgeted purchases such as birthday gifts, car repairs, or luxury chocolates because they underestimate the overall number of such “exceptional”…