Soberman, David; Sadoulet, Loïc - In: Management Science 53 (2007) 10, pp. 1521-1532
communicate with the electorate. We construct a model where two parties fund both the "creative" and "media" elements of political … advertising and examine how campaign budgets affect advertising strategies in the context of a political campaign. Our key finding … is that tight campaign limits stimulate aggressive advertising on the part of competing parties, while generous budgets …