Title: THE IMPACT OF EXPERIENCE AND CONSUMER PERCEPTIONS ON PERCEIVED RISK AND RISK REDUCTION BEHAVIOUR: THE CASE OF BEEF
Author(s): McCarthy, M.
Organisation: National University of Ireland - University College Cork.
Country: Ireland
This research examines perceived risk at the facet level (Psychological, Social, Performance,
Safety, Health and Financial) and assesses the influence of consumer experience and perception
of self (perceived ability, interest in product and interest in cooking), product (perceived product
consistency), and environment (perceived confidence in the independent butcher) on these
facets. It can be concluded that the influence of experience and perceptions varies by facet.
However, perceived ability, confidence in the independent butcher and interest in beef were
significant determinants of perceived risk for most risk facets while cooking interest, perceived
consistency and experience were more risk facet specific. In the second section of this paper
the use of risk relievers is considered. It is clear that consumer experience and perceptions
also influence the level of use of risk relievers, for example those with more experience, who
believe beef is consistent and are confident in their ability to select beef tend to use location
more than others. It was concluded that the person’s views of themselves, of the product and
of the purchase environment have a direct effect on their information search activity even for a
relatively low involvement product.
Keywords: Beef, safety, risk perceptions, Ireland.