Synopsis
Research in Models, Theory, and Methods by Kent B. Monroe takes readers on a deep dive into the analytical frameworks and methodologies that have shaped modern pricing strategies. This volume in the Legend in Marketing series highlights Monroe's innovative approach to integrating theoretical models with practical applications, offering a fresh perspective on consumer behavior and price optimization. From understanding the psychological dynamics of pricing to leveraging data-driven methodologies for better decision-making, Monroe presents a comprehensive toolkit for scholars and practitioners alike. Through carefully selected studies and original contributions, this book bridges the gap between theory and practice, helping readers navigate the complexities of price setting in an ever-changing market landscape. Whether you are a marketing professional, academic researcher, or student eager to explore advanced marketing theories, this book provides the insights needed to excel in the field. Packed with groundbreaking ideas and timeless concepts, Research in Models, Theory, and Methods is an essential read for those aiming to stay ahead in the competitive world of marketing.
About the Authors
Kent B. Monroe is the J.M. Jones Distinguished Professor of Marketing Emeritus, University of Illinois at Urbana-Champaign, USA, and Distinguished Visiting Scholar, University of Richmond, Virginia, USA. Professor Monroe has pioneered research on the information value of price. He has authored Pricing: Making Profitable Decisions, 3rd ed. (2003; Chinese edition 2005). He has presented papers before various international associations in Asia, Europe, and North America. His research has been published in the Journal of Marketing Research, Journal of Consumer Research, Journal of Marketing, Management Science, Journal of the Academy of Marketing Science, Journal of Retailing, and other journals. He chaired the American Marketing Association’s Development of Marketing Thought Task Force (1984–88) and was the editor of the Journal of Consumer Research (1991–93). He is a Fellow of the Decision Sciences Institute and of the Association for Consumer Research. He served as the first editor of Pricing Practice and Strategy (1993–2003). Among his many awards and recognitions are “Pricer of the Year” by the Pricing Institute (April 1999); recognition for contributions to behavioral pricing research by the Pricing Center, Fordham University (October 2000); Marketing Pioneer Award for lifetime contributions to the development of pricing theory in marketing (April 2002); the American Marketing Association/Irwin/McGraw-Hill Distinguished Marketing Educator Award (February 2005); and the Converse award for contributions to marketing knowledge (April 2008). He has conducted executive training programs for business firms, non-profit organizations, and universities in North and South America, Europe, Asia, Australia, and Africa. He regularly conducts a pricing certification workshop for the Professional Pricing Society in the United States.
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