When to Buy: The Impact of Temporal Perspective on Predicting Price Increases or Decreases for Immediate Purchasing Decisions

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Ma, Jianan
Li, Fangxuan Sam
Jin, Xin
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2025
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Abstract

Although dynamic pricing strategies in the tourism and hospitality industry have been widely studied, there is limited information on how individual attributes affect responses to price changes. Accordingly, this study investigates the interaction between an individual’s temporal perspective (linear or cyclical) and the direction of price change cues (increase or decrease) on immediate purchase intention. The results of five scenario-based experiments reveal that decreasing (increasing) prices, paired with a cyclical (linear) perspective, could lead to higher immediate purchase intention. The results further demonstrate the mediating effect of predicted future price trends and the moderating roles of the duration of comparison interval and the magnitude of changes. This study assists practitioners in better matching price changes and temporal perspectives to promote consumers’ immediate purchase intentions.

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Journal of Travel Research

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This work is covered by copyright. You must assume that re-use is limited to personal use and that permission from the copyright owner must be obtained for all other uses. If the document is available under a specified licence, refer to the licence for details of permitted re-use. If you believe that this work infringes copyright please make a copyright takedown request using the form at https://www.griffith.edu.au/copyright-matters.

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This publication has been entered in Griffith Research Online as an advance online version.

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Ma, J; Li, FS; Jin, X, When to Buy: The Impact of Temporal Perspective on Predicting Price Increases or Decreases for Immediate Purchasing Decisions, Journal of Travel Research, 2025

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