Premium
Involvement and risk
Author(s) -
Venkatraman Meera P.
Publication year - 1989
Publication title -
psychology and marketing
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.035
H-Index - 116
eISSN - 1520-6793
pISSN - 0742-6046
DOI - 10.1002/mar.4220060306
Subject(s) - product (mathematics) , psychology , class (philosophy) , marketing , advertising , social psychology , business , computer science , artificial intelligence , geometry , mathematics
This paper examines the relationship between product class involvement and the ability to handle purchase risk. Adopting the enduring‐instrumental model of involvement, this paper examines its relationship with dimensions of risk such as uncertainty, importance, and innovation proneness. It proposes that enduringly involved consumers have a greater ability to handle risk as compared to instrumentally involved consumers. The findings, based on purchase behavior for the personal computer, food processor, and video cassette recorder, generally support the hypothesized relationships between involvement and risk for each of these three products. The implications of these findings for different facets of information seeking and purchase behavior are discussed.