This study focuses on consumer responses to two different types of price discounts: 1) a price discount with and 2) a price discount without a minimum purchase requirement. The effects of the discounts are examined to the extent that they may change consumers' attitudes and purchase intentions regarding a particular brand, by moving it from consumers' hold set to consideration set. A three-phas...

This paper proposes a behavioral pricing model that enhances traditional pricing algorithms by incorporating concepts from mathematical psychology and information theory on how consumers perceive discounts. We propose a framework that systematically incorporates the effect of quoted discounts and historical promotions on consumers’ valuations and helps marketers determine the optimal discount s...

It is well-known that the level of closed-end fund discounts appears to predict the corresponding fund’s future returns. We further document that such predictability decays slowly. The popular explanations, including the tax effect, investor sentiment risk, and the funds’s dividend yield, do not fully account for the observed predictability. At the same time, discounts are very persistent espec...

Answers how much to order when to order. Reduced price when item is purchased in larger quantities.The first model we will present is called the economic order quantity EOQ. We will discuss two types of quantity discount contracts: all units discounts and.buy the lowest total cost quantity, save the buyer money and, in some cases, receive more goods. quantity discount model example When we buy ...

Submission Deadline: Feb. 1 Early Registration Deadline: Feb. 1 Transcriptional Mechanisms and Evolution JULY 25–28 • Chicago, Ill. Organizers: David Arnosti, Michigan State University; llya Ruvinsky, The University of Chicago; Justin Fay, Washington University in St. Louis Abstract Submission Deadline: May 1 Early Registration Deadline: May 1Submission Deadline: May 1 Early Registration Deadli...

Custom notification of new releases in your field of interest Special offers and discounts

id=1937658; Einer Elhauge & Abraham L. Wickelgren, Robust Exclusion Through Loyalty Discounts (Harvard Law Sch. Pub. Law & Legal Theory Working Paper Series, Paper No. 10-15, 2010) [hereinafter Elhauge & Wickelgren, Robust Exclusion], available at http://papers.ssrn.com/sol3/papers.cfm?abstract_id=1544008; Patrick Greenlee & David Reitman, Competing with Loyalty Discounts (Econ. Analysis Grp., ...