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The convergents of the continued fraction for φ are ratios of successive Fibonacci numbers: φ n = F n+1 / F n is the n-th convergent, and the (n + 1)-st convergent can be found from the recurrence relation φ n+1 = 1 + 1 / φ n. [31] The matrix formed from successive convergents of any continued fraction has a determinant of +1 or −1.
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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.
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