Drago, Francesco; Kadar, Dora - C.E.P.R. Discussion Papers - 2006
discrimination' technique widespread in the United States, namely mail-in-rebate promotions. Our model combines partial naivete about … application the model explains why in a multi period setting a large number of consumers respond to the rebate offers intending to … redeem the rebate and then fail to provide the necessary effort when it comes to collect their money. Moreover, consumer …