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The alleged scam lasted from August 2004 through October 2010 and is estimated to have cost the victim $6–20 million. Gold brick scams. Gold brick scams involve selling a tangible item for more than it is worth; they are named for the scam of selling the victim an allegedly golden ingot which turns out to be gold-coated lead.
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Hyperbolic discounting is mathematically described as. where g ( D) is the discount factor that multiplies the value of the reward, D is the delay in the reward, and k is a parameter governing the degree of discounting (for example, the interest rate ). This is compared with the formula for exponential discounting:
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Coupon. In marketing, a coupon is a ticket or document that can be redeemed for a financial discount or rebate when purchasing a product . Customarily, coupons are issued by manufacturers of consumer packaged goods [1] or by retailers, to be used in retail stores as a part of sales promotions. They are often widely distributed through mail ...
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