Coker, Kesha K.; Pillai, Deepa; Balasubramanian, Siva K. - In: Journal of Product & Brand Management 19 (2010) 7, pp. 487-495
Purpose – Rewards from sales promotions may be either immediate (e.g. instant savings, coupons, instant rebates) or delayed (e.g. rebates, refunds). The latter type is of interest in this study. The purpose of this paper is to present the hyperbolic discounting framework as an explanation for...