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interval to estimate advertising carryover. The literature assumes that 1) the optimal data interval is the inter-purchase time … underlying advertising process. In contrast, we show that 1) the optimal data interval is the inter-exposure time. 2) Too … advertising process but only data at the inter-exposure time. These results hold for any linear dynamic model linking sales with …
Persistent link: https://www.econbiz.de/10012780058
This paper explores the relationship between shelf prices and manufacturers' coupons for 25 ready-to-eat breakfast cereals. Contrary to the predictions of static monopoly price discrimination, we find the shelf prices for a particular brand in a particular city are generally lower during periods...
Persistent link: https://www.econbiz.de/10012471875
This paper explores the relationship between shelf prices and manufacturers' coupons for 25 ready-to-eat breakfast cereals. Contrary to the predictions of static monopoly price discrimination, we find the shelf prices for a particular brand in a particular city are generally lower during periods...
Persistent link: https://www.econbiz.de/10014201979
Product differentiation is well established as being the key source of the cereal industry's high price-cost margins. However, there is little consensus as to whether pricing collusion is also a source of profitability, and indeed, whether price even serves as a strategic variable in this...
Persistent link: https://www.econbiz.de/10014215451
The analysis of mergers in industries with differentiated products has traditionally focused its attention on postmerger price changes, ignoring the effect of a new competitive landscape on the characteristics of the products firms choose to offer. This paper proposes a new analysis, which...
Persistent link: https://www.econbiz.de/10013298476
Persistent link: https://www.econbiz.de/10013093254
This paper applies the theory of relational contracts to make precise the idea that because households are engaged in a … Samuelson. This nests as special cases the objective functions used in currently popular models of households engaged in one …
Persistent link: https://www.econbiz.de/10010269303
This article considers non-unitary models of household behavior. These models suppose explicitly that households …
Persistent link: https://www.econbiz.de/10010269486
Results from travel demand research in many countries show that - on average - women are less mobile and have different mobility patterns than men. Recent longitudinal studies of gender specific travel demand reveal converging mobility of males and females. Moreover, in some countries results...
Persistent link: https://www.econbiz.de/10010271136
exponential utility allows us to derive an explicit relationship between optimal money holdings, the household?s desire to tilt …
Persistent link: https://www.econbiz.de/10010273728