quality; in the second one, they send costly signals thereof. Under non-comparative advertising a firm advertises its own … quality, under comparative advertising a firm advertises the quality differential. In either scenario, under comparative … advertising the firms never advertise together which they may do under non-comparative advertising. Moreover, under comparative …

explanation for advertising in these product categories is therefore not compelling. In this paper we develop a model of firm … advertising based on the notion that consumer valuations of different products may depend on the number of individuals purchasing … each. We show that firms can use advertising to coordinate consumer purchases in such cases, even if advertising levels are …

We consider changes in the distribution of hourly compensation in Canada using confidential census data and the recent …

entreprises qui n'appartiennent pas à cette catégorie, au Canada. La répartition dans les différentes catégories repose sur l …

observed for the private VC sector in Canada. Finally, the comparison of the returns shows that the public VC market … est prés de quatre fois supérieur à celui mesuré pour le marché privé. Au Canada, le marché public amène sept fois plus de …

the IPO market in Canada is «good» only for large offerings. We have entertained a number of possible explanations for the … Capital Pool. Les résultats montrent que la sous évaluation initiale persiste au Canada, en moyenne. Toutefois, le degrés de … de taille moyenne et de grande taille semblent correctement évalués au Canada, contrairement à ce que l'on observe sur la …

in the universe of firm-commitment and best-effort IPOs in Canada and in the United States, from 1997 to 1999, and …