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...

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Bibliografske podrobnosti
Main Authors: Armstrong, M, Chen, Y
Format: Working paper
Jezik:English
Izdano: Department of Economics (University of Oxford) 2013