A multidimensional measure of consumer perceived value at the point of purchase. Captures functional value (quality, price), emotional value (feelings generated by the product), and social value (social image enhancement). Widely used in retail, services, and online shopping research to model purchase decisions and satisfaction.
Sweeney, J.C., & Soutar, G.N. (2001). Consumer perceived value: The development of a multiple item scale. Journal of Retailing, 77(2), 203–220.
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