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The economist Alex Tabarrok has argued, that the success of this promotion lies in the fact that consumers value the first unit significantly more than the second one. So compared to a seemingly equivalent "Half price off" promotion, they may only buy one item at half price, because the value they attach to the second unit is lower than even the discounted price.
In appropriation for $25 million, he vetoed the digit 2, resulting in an appropriation of $5 million. [5] Just two years later, Lucey introduced the "editing veto". In this instance, the word "not" was removed in the phrase "not less than 50 percent", thus resulting in the opposite effect than desired by the legislature. [6]
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