#discounting #video#new - Clapper

London @London2026 has created a short video on Clapper | #discounting #video#new

Liliana Doganova, "Discounting the Future: The Ascendancy of a Political Technology" (Princeton UP, 2024)

Podcast Episode · New Books in Economic and Business History · 14/05/2024 · 1h 2m

Apple Podcasts
Grocery stores that donate expiring food − instead of price discounting or discarding − make higher profits

Supply chain improvements could help lower the food insecurity rate and reduce food waste while boosting profits for retailers.

The Conversation
Loss-leader advertising (I guess it is) hardly ever attracts me. Maybe "try our [whatever]" for free, and hey, if it's good, I'll come back. But "buy 3 tires, get the 4th one for $1 (see details)" or $X off work for $Y or more just makes me think they're telling me how overpriced their regular product is.
#advertising #discounting

Over in #Austria @badlogic has been doing a lot of work on #supermarket pricing (all worth a read in his timeline), but one thing also common in the UK is 'cyclic discounting'.

Supermarkets, have some products on a cycle of #discounting with a period of them on offer & then a period of them not (partly driven by a legal requirements to have a period at full price before 'discounting' can be claimed).

We should really look at this the other way round: regular periods of higher margins!

Time for Tea: Measuring Discounting for Money and Consumption without the Utility Confound http://d.repec.org/n?u=RePEc:cor:louvco:2023007&r=exp
…simple way to measure #discounting while side stepping the problems of utility curvature. … finding little evidence of decreasing #impatience but significant evidence of #subadditivity… may have important implications for the design of contracts or payment plans
#ExperimentalEcon

UGAE: A Novel Approach to Non-exponential Discounting

https://openreview.net/forum?id=wZ6pJGRJA4

#discounting #reinforcement #rewards

UGAE: A Novel Approach to Non-exponential Discounting

The discounting mechanism in Reinforcement Learning determines the relative importance of future and present rewards. While exponential discounting is widely used in practice, non-exponential...

OpenReview

On the difference between social and private discount rates, and what it means for climate policy.

We wrote a paper about it, with a text box dedicated to policy-making:

https://doi.org/10.1016/j.crm.2023.100488
#climate #policy #adaptation #discounting #future