Coupons are very effective way of promoting products and widely used by merchants. As smartphones became indispensable to life and are carried by almost everybody, mobile coupons are replacing traditional paper coupons. Group coupon is one of the coupon sale types where sold coupons are money refunded unless the number of buyers reach to certain predetermined number. Groupon is an American onli...

In this paper, we propose P -coupon, a Prompt and Privacy-preserving electronic coupon distribution system based on a Probabilistic one-ownership forwarding algorithm. In this algorithm, only one hop of forwarder (coupon owner) information instead of the complete forwarder list is recorded to keep the coupon short and privacy-preserving. Such information is updated probabilistically following t...

When a store sells items to customers, the store wishes to decide the prices of items to maximize its profit. Intuitively, if the store sells the items with low (resp. high) prices, the customers buy more (resp. less) items, which provides less profit to the store. So it would be hard for the store to decide the prices of items. Assume that the store has a set V of n items and there is a set E ...

This article shows that in a model of exogenously given sales expansion target with a dominant manufacturer, the relative profitability of coupon and price-reduction schemes depends on the values of coupon redemption rates and the equivalence ratio of price reduction to coupon face value. It is also shown that retailer’s margin has an uncertain impact on the compensation constraint on the manuf...

Near Field Communication (NFC) is a Radio Frequency (RF) technology that allows data to be exchanged between devices that are in close proximity. An NFC-based mobile coupon (M-coupon) is a coupon that is retrieved by the user from a source such as a newspaper or a smart poster and redeemed afterwards. The M-coupon is a cryptographically secured electronic message with some value stored on user’...

A natural problem in the context of coupon collector’s is behavior maximum independent geometrically distributed random variables (with distinct parameters). This question has been addressed by Brennan et al. [British J. Math

7 A coupon is a commonly used sales promotion device offering the user a discount on the purchase of a product. Consumer coupon offerings are also becoming increasingly diverse: from “% off” and “$ off” to “Buy one, Get one free” (BOGO) offers and co-promotions (Buy X, Deal on Y). This paper reports the results of three experiments that examine whether the economic value of a coupon is a source...

A coupon represents the right to claim some service which is typically offered by vendors. In practice, issuing bundled multi-coupons is more efficient than issuing single coupons separately. The diversity of interests of the parties involved in a coupon system demands additional security properties beyond the common requirements (e.g., unforgeability). Customers wish to preserve their privacy ...

This paper explores a reasonable coupon rate for basket credit linked notes (CLN) with issuer default risk. Based on the one factor Gaussian copula model, this paper proposes three methods for incorporating issuer default into basket CLN pricing. Numerical results indicate that issuer default risk impacts basket CLN coupon rate. Furthermore, the coupon rate differs with changes in correlation s...