Study finds minority consumers will voluntarily pay more for goods and services to assert status
Thursday, October 20, 2011 - 10:30
in Mathematics & Economics
It has been well-documented that minorities are subject to discrimination in product pricing and customer service. What is startling is the result of a new study professors at the USC Marshall School of business in conjunction with University of San Diego's School of Business Administration, that shows that sometimes ill-treatment can make African-American consumers voluntarily pay more for goods and services than they would normally, as well as pay more than their Caucasian counterparts.