prikaz prve stranice dokumenta Cognitive Euroscience in Croatia : Price estimations in the new and old currency in the face of inflation
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Scientific paper - Original scientific paper
Cognitive Euroscience in Croatia : Price estimations in the new and old currency in the face of inflation
Applied Cognitive Psychology, 38 (2024), 3; 4203. https://doi.org/10.1002/acp.4203
Beg, Mia Šetić; Domijan, Dražen

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Beg, M. Š. & Domijan, D. (2024). Cognitive Euroscience in Croatia : Price estimations in the new and old currency in the face of inflation. Applied Cognitive Psychology, 38. (3). doi: 10.1002/acp.4203

Beg, Mia Šetić and Dražen Domijan. "Cognitive Euroscience in Croatia : Price estimations in the new and old currency in the face of inflation." Applied Cognitive Psychology, vol. 38, no. 3, 2024. https://doi.org/10.1002/acp.4203

Beg, Mia Šetić and Dražen Domijan. "Cognitive Euroscience in Croatia : Price estimations in the new and old currency in the face of inflation." Applied Cognitive Psychology 38, no. 3 (2024). https://doi.org/10.1002/acp.4203

Beg, M. Š. and Domijan, D. (2024) 'Cognitive Euroscience in Croatia : Price estimations in the new and old currency in the face of inflation', Applied Cognitive Psychology, 38(3). doi: 10.1002/acp.4203

Beg MŠ, Domijan D. Cognitive Euroscience in Croatia : Price estimations in the new and old currency in the face of inflation. Applied Cognitive Psychology [Internet]. 2024 May 22 [cited 2025 April 02];38(3). doi: 10.1002/acp.4203

M. Š. Beg and D. Domijan, "Cognitive Euroscience in Croatia : Price estimations in the new and old currency in the face of inflation", Applied Cognitive Psychology, vol. 38, no. 3, May 2024. [Online]. Available at: https://urn.nsk.hr/urn:nbn:hr:186:234509. [Accessed: 02 April 2025]

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Metadata
Title (english)Cognitive Euroscience in Croatia : Price estimations in the new and old currency in the face of inflation
AuthorMia Šetić Beg
AuthorDražen Domijan
Author's institutionUniversity of Rijeka
Faculty of Humanities and Social Sciences
(Department of Psychology)
Scientific / art field,
discipline and subdiscipline		SOCIAL SCIENCES
Psychology
Abstract (english)
Do customers convert values to a familiar currency (rescaling hypothesis) or do they learn item‐price pairs (relearning hypothesis) when they estimate the prices of consumer goods and services in a currency they are unfamiliar with? We addressed this question by replicating the study conducted in Portugal and Austria in 2001 and 2002, around the time when these countries switched to the euro (Marques & Dehaene, Journal of Experimental Psychology: Applied, 2004, 10, 148–155). The study was made in Croatia where university students ( = 181) were asked to estimate the typical price of a set of 60 items from November 2022 to June 2023, around the time at which changeover to the euro took place. The results support the rescaling hypothesis by showing concurrent improvements in the precision of price estimates for frequently and rarely bought items. The reliance on rescaling is probably caused by a high inflation that accompanied a changeover to the euro in Croatia.
Keywords (english)
Languageenglish
Publication typeScientific paper - Original scientific paper
Publication statusPublished
Peer reviewPeer review - international
Publication versionPublished version
Journal titleApplied Cognitive Psychology
Numberingvol. 38, no. 3, 4203
p-ISSN0888-4080
e-ISSN1099-0720
DOIhttps://doi.org/10.1002/acp.4203
URN:NBNurn:nbn:hr:186:234509
Publication2024-05-22
Document URLhttps://onlinelibrary.wiley.com/doi/10.1002/acp.4203
Type of resourceText
Access conditionsOpen access
Terms of useLicence In copyright icon
Created on2025-02-14 11:06:29