Second, this thesis examines the effect of price discount framing on
consumers' response, and proposes a price-value model to account for the effect
of price discount framing on consumers' purchase intention. Results of two
experiments indicate that price discount framing affects consumers' purchase
intention through the full mediation of perceived value. The framing of
dollar-based discount leads to higher perceived value and higher purchase
3
intention than the framing of percentage-based discount; however, these effects
are moderated by the degree of discount calculation difficulty and the price level
of the promotional products.