Discount Pricing.
This paper investigates discount pricing, the common marketing practice whereby a price is listed as a discount from an earlier, or regular, price. We discuss two reasons why a discounted price - as opposed to a mearly low price - can make a rational consumer more willing to purchase the item. Fir...
Main Authors: | , |
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Format: | Working paper |
Language: | English |
Published: |
Department of Economics (University of Oxford)
2013
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