This paper examines the impact of limiting the cashback mechanism on e-commerce pricing strategies and consumer purchase behavior. By refunding a part of the transactional amount, the websites are using the wallet cash as a promotional vehicle for future purchases. This cashback limit phenomenon...

This paper suggests a method for estimating the distribution of discount rates using panel data on income and wealth. Using the English Longitudinal Survey of Ageing (ELSA), a representative sample of the English popularion over age 50, we general panel date on total consumption from the...