Consumers much prefer getting something for free than getting something for less, according to new research on the psychology of discounting by a team of researchers led by Akshay Rao of
the University of Minnesota's Carlson School of Management. What's the best value for money -- "50% extra free" or "33% discount"? According to the research, many consumers aren't aware both offers are the same. Instead, most assume that the extra free product is the
better deal.
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