2015 | OriginalPaper | Chapter
The Effects of College Education on Consumer Sophistication: An Exploratory Study
Authors : Fred Ede, Elnora Stuart, J. Paul Merenski
Published in: Proceedings of the 1985 Academy of Marketing Science (AMS) Annual Conference
Publisher: Springer International Publishing
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The authors report the results of an exploratory survey among students with varying degrees of formal education. The study investigated their knowledge concerning the product warranty on their recent purchase (within the year) of a consumer durable. The results provided some support for the notion that there is neither a linear nor a mono-tonic relationship between education and informa-.tion seeking in the purchase of consumer durables.