Efficiency and Foreclosure Effects of All-Units Discounts: Empirical Evidence
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Previously circulated as "All-Units Discounts: Experimental Evidence from the Vending Industry." We thank Mark Stein, Bill Hannon, and the drivers at Mark Vend Company for implementing the experiment used in this paper, providing data, and generally educating us about the vending industry. We thank Scott Hemphill, Wills Hickman, J. F. Houde, Sylvia Hristakeva, Michael Riordan, Greg Shaffer, and seminar participants at Harvard Business School, Rochester University, SUNY Stony Brook, Universitat Autonoma de Barcelona, and Universitat Pompeu Fabra for helpful comments. Financial support for this research was generously provided through NSF grant SES-0617896. Any remaining errors are our own. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.