This article focuses on the empirical modeling of advance purchasing and the effects of price on purchasing behavior. Because pricing strategies are typically more complex than simply setting a single price point, the authors consider multiple aspects of price: (a) use of multiple price tiers, (b) face value of tickets, and (c) discounts resulting in week-to-week variations in price. They show ...

Ascending price auctions typically involve a single price path with buyers paying their final bid price. Using this traditional definition, no ascending price auction can achieve the Vickrey-Clarke-Groves (VCG) outcome for general private valuations in the combinatorial auction setting. We relax this definition by allowing discounts to buyers from the final price of the auction (or alternativel...

ABSTRACT
 
 The purpose of the study is to find out: (1) effect Shope Discounts on buying interest in Sragen City, (2) Effect Product Quality at Shopee, (3) Price interest, (4) Discounts, quality and prices Shopee. This a quantative with data obtained by as many 100 respondents from questionnaire. conclusions this are: results t test (partial) show that discounts product have signific...

OBJECTIVE To pilot the design and methodology for a large randomised controlled trial (RCT) of two interventions to promote healthier food purchasing: culturally appropriate nutrition education and price discounts. DESIGN A 12-week, single-blind, pilot RCT. Effects on food purchases were measured using individualised electronic shopping data ('Shop 'N Go' system). Partial data were also colle...

An all-units discount is a price reduction applied to all units purchased if the customer’s total purchases equal or exceed a given quantity threshold. Since the discount is paid on all units rather than marginal units, the tariff is discontinuous and exhibits a negative marginal price (“cliff”) at the threshold that triggers the discount. This paper shows that all-units discounts arise in opti...

The objectives of the study were to determine how factors affecting the selling price of feeder calves changed from 2000 to 2005 and to examine the perception that discounts narrow or even disappear as calf supplies decrease and selling prices increase. Data from weekly Arkansas livestock auctions were collected from January 1 to December 31 in 2000 and 2005. Data included calf sex, breed type,...

Introduction There has been recent discussion about price information and how it affects the cotton market (Ethridge and Hudson), as well as related topics of how the official price information provided by the Agricultural Marketing Service (AMS) affects the Commodity Credit Corporation's (CCC) loan schedule. These discussions have centered around (1) how information about differentials in pric...

SESSION OVERVIEW Price cognition plays a pivotal role in models of consumer behavior postulated in the economics as well as the psychology literature (Monroe 2003; Winer 2006). Both streams of literature concur on the following assumption: A buyer’s subjective judgment of the magnitude of a price should be an important determinant in purchase decisions. However, the psychological processes that...