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

Apple Podcasts
Grocery stores that donate expiring food βˆ’ instead of price discounting or discarding βˆ’ 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