Discount pricing
We investigate the practice of framing a price as a discount from an earlier price, with information such as "was USD200, now USD100". We discuss two reasons why a discounted price- rather than a merely low price- can make a consumer more willing to purchase. First, a high initial price ca...
Main Authors: | Armstrong, M, Chen, Y |
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Format: | Journal article |
Language: | English |
Published: |
Wiley
2019
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