Construct · 1 fields · 1 citations

experience goods: a standalone construct

One name. One construct. A landmark on the map.

● anchor · a standalone construct Nearest construct by meaning·not indexed

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Economics

goods whose quality can only be judged after use, contrasted with search goods judged before purchase.

In economics, experience goods refers to goods whose quality can only be judged after use, contrasted with search goods judged before purchase. This meaning comes from Nelson (1970) in Journal of Political Economy.[1]

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Nearby constructs

advertising as information1 fields · 1 citationsanchor · a standalone construct experience4 fields · 6 citationsjingle · one word, four constructs purchase1 fields · 2 citationsanchor · a standalone construct

References

Nelson, P. (1970). Information and Consumer Behavior. Journal of Political Economy, 78(2), 311-329. https://doi.org/10.1086/259630

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