OBJECTIVE To study differences in the role of price and value in food choice between low-income and higher-income consumers and to study the perception of consumers about pricing strategies that are of relevance during grocery shopping. DESIGN A cross-sectional study was conducted using structured, written questionnaires. Food choice motives as well as price perceptions and opinion on pricing...

This paper develops a non-linear programming model to design optimal corporate contracts for airlines stipulating front-end discounts for all nets, which are defined by combination of routes, cabin types, and fare classes. The airline’s profit is modeled using a multinomial logit function that captures the client’s choice behavior in a competitive market. Alternative formulations are employed t...

Abstract Discounting future costs and rewards is a common practice in accounting, game theory machine learning. In spite of this, existing logics for reasoning about strategies with cost resource constraints do not account discounting. The article proposes sound complete logical system budget-constrained strategic abilities that incorporates discounting into its semantics.

The outlook is that the bad times for the hotel industry may be coming to an end. Many experts during this economic decline have declared that the drop in aggregate demand and the Internet incursion has resulted in hotel brands ceasing to be important. Consequently, conventional wisdom viewed price discounting, as the most important factor in hotel selection by consumers. The current study anal...

BACKGROUND Alcohol use disorders (AUDs) are associated with increased discounting of delayed rewards and reduced executive working memory (eWM) capacity. This association is amplified when comorbid with antisocial psychopathology (AP). Furthermore, recent studies suggest that reduced WM capacity is associated with disinhibited decisions reflected by increased impulsive decision making on the de...

there is a long tradition in economics about the question of whether intergenerational discounting is fair or not. ramsey (1928) was the first economist that criticized the discounting and mentioned that the just rate of discounting is zero.  in this paper it was tried to calculate the just rate of discounting for iran with respect to islamic thoughts. according to islam, intergenerational just...

Delay discounting refers to the decrease in subjective value of an outcome as the time to its receipt increases. Across species and situations, animals discount delayed rewards, and their discounting is well-described by a hyperboloid function. The current review begins with a comparison of discounting models and the procedures used to assess delay discounting in nonhuman animals. We next discu...

Sixty college students performed three discounting tasks: probability discounting of gains, probability discounting of losses, and delay discounting of gains. Each task used an adjusting-amount procedure, and participants' choices affected the amount and timing of their remuneration for participating. Both group and individual discounting functions from all three procedures were well fitted by ...

Food retailing industry has expanded commensurate to the growing requirements of a bulging world population. Initially, most retailers depended on external suppliers for their stock. The controlled branding and pricing elements. This since evolved with having exponentially grown, endowing them ability support own brands.In addition inherent additional capability, changing business dynamics have...