Distortion of Incentive from Discounted Product Have you even buy the discounted product even though you dont really want it? When people is offered by a discounted product, there is a possibility people turn from their desired one to the discounted one. So, price reduction can distort people's behavior. Discounting product is always attracting. To buy the sales product or not depend on three rules including how deep of intend people place on the desired one, how much price get reduced, and how you feel about the discounted product. This rule is true under the assumption that those commodity should be in the same group. You cannot compare coffee with pencil but it is not about a completed substitute (just nearby). For the first one, if you would very much like to buy an orange cake - you dream of it you intentionally do many things for it, you will eventually buy it even though the pric...
Short articles on Thai economy