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SEC classification of goods and services

Economists and marketers use the Search, Experience, Credence (SEC) classification of goods and services, which is based on the ease or difficulty with which consumers can evaluate or obtain information. These days most economics and marketers treat the three classes of goods as a continuum. Archetypal goods are:

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Search good

Experience good

Credence good

Bibliography

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SEC classification of goods and services

Nodes38
Edges37
Triples0
Avg. degree1.95
Density0.052632
Components1

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Important terminology

goods search credence experience good services information doi 10 journal consumers product consumer consumption price economics may fall category citeseerx

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    Researching SEC classification of goods and services? Use this map to explore Products, Credence good & Search good and other closely related topics, then follow useful entities and relationships into deeper research. Automatically generated connections are research leads, so verify important facts in reliable sources.