Buying Decisions of Counterfeit Goods and Moral Judgment

ESIC Market 147 Vol.45 Issue 1

22 Pages Posted: 12 Jun 2014

See all articles by Juan José de Lucio Fernández

Juan José de Lucio Fernández

Bank of Spain; Independent; University of Antonio de Nebrija - Faculty of Law, Economics and Business

Manuel Valero

University of Alcala

Date Written: June 10, 2014

Abstract

The aim of this paper is to analyze the effect of moral judgment, both collective and individual, on the acquisition of counterfeit goods. A second objective is to identify to what extent the purchase intention of counterfeits is useful as an indicator of the final decision to buy these products.

The results show that more severe moral judgment in relation to the purchase of counterfeits, both of acquaintances and of the consumer, reduced purchase intention and actual purchase. The acquaintances have more influence than personal moral judgment mainly on purchase intention. However, at the time of actual purchase, individual judgment acquires higher relevance, while acquaintances reduce its impact. Given these differences in the intensity of the effects of different variables when researching purchase intention and actual purchase, it is advisable to analyze the actual acquisition decision when it is possible. In both cases, the individual and the acquaintances’ moral judgment are very significant explanatory variables.

Keywords: Counterfeit, moral judgment, intention and actual purchase.

JEL Classification: M39, D03.

Suggested Citation

de Lucio Fernández, Juan José and de Lucio Fernández, Juan José and Valero, Manuel, Buying Decisions of Counterfeit Goods and Moral Judgment (June 10, 2014). ESIC Market 147 Vol.45 Issue 1, Available at SSRN: https://ssrn.com/abstract=2448257

Juan José De Lucio Fernández (Contact Author)

Bank of Spain ( email )

C/ Alcala 48
28014 Madrid
Spain

Independent ( email )

University of Antonio de Nebrija - Faculty of Law, Economics and Business ( email )

Campus de la Berzosa
Hoyo de Manzanares
Madrid, 28420
Spain

Manuel Valero

University of Alcala

Plaza de la Victoria s/n
Alcala de Henares, Madrid 28802
Spain

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