Premium
Children's Understanding of the Instrumental Value of Products and Brands
Author(s) -
John Deborah Roedder,
Chaplin Lan Nguyen
Publication year - 2019
Publication title -
journal of consumer psychology
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 4.433
H-Index - 110
eISSN - 1532-7663
pISSN - 1057-7408
DOI - 10.1002/jcpy.1094
Subject(s) - valuation (finance) , psychology , happiness , conversation , value (mathematics) , presentation (obstetrics) , marketing , social psychology , developmental psychology , business , medicine , communication , computer science , accounting , machine learning , radiology
Gelman and Echelbarger (2019—this issue) provide a valuable discussion about children's understanding of the inferred or nonobvious features of objects, which has implications for how children value products. We further this conversation by examining how children value products and brands as a means for meeting important goals, which we refer to as instrumental valuation. Specifically, we examine developmental trends in instrumental valuation for three goals—self‐concept development, self‐presentation, and happiness. Across these areas, we find that children place greater value on products and brands for meeting these goals as they grow older, particularly during late childhood and early adolescence. We conclude with a discussion of how age differences in instrumental valuation add to the general conversation about how children of different ages value objects.