New research sheds light on bargaining and the 'daily deal market'
Monday, August 3, 2020 - 15:00
in Mathematics & Economics
If you've ever taken advantage of a nice discount thanks to a promotion from Groupon or LivingSocial, you've tapped the power of the daily deal market yourself. You, the consumer, benefited from the prior bargaining that took place between that big online platform and the merchant, resulting in a lower price for you.