This thesis investigates how price discount promotion affects consumers'
purchase decision making process with emphasis on the role of consumers'
anticipated regret. Specifically, this thesis examines how the three important
characteristics of price discount promotion (i.e., discount framing, promotion
depth, and promotion frequency) affect consumers' behavioral response. First,
this thesis provides a comprehensive review for the research literature regarding
how price promotion affects consumers' response, making an in-depth discussion
of the concept of anticipated regret, and then empirically identifying the effects of
promotion framing, promotion depth, and promotion frequency on consumers'
behavioral response.
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