Showing 1 - 10 of 13
That the Government of Mauritius provides nearly every resident over the age of 60 with a non-contributory, basic pension is one of the best-kept secrets in the world. The scheme dates from 1950 and became universal in 1958, following abolition of a means test. Remarkably, introduction of a...
Persistent link: https://www.econbiz.de/10005556896
This paper reviews two common definitions of poverty targeted projects, discusses the limitations of poverty targeting …
Persistent link: https://www.econbiz.de/10005561008
This paper develops a model of pricing and advertising in a matching environment with capacity constrained sellers …. Sellers' expenditure on directly informative advertising attracts consumers only probabilistically. Consumers who happen to … maximizing advertising levels are derived and their properties analyzed, including the interplay of prices and advertising with …
Persistent link: https://www.econbiz.de/10005076903
Comparative advertising by one brand against another showcases its merits versus the demerits of the other. In a two … advertising configuration, firms compete as Cournot oligopolists. In the symmetric case, equilibrium advertising constitutes a … clear welfare loss. Equilibrium advertising levels and advertising expenditures decline with rising advertising costs …
Persistent link: https://www.econbiz.de/10005125038
An acceleration in the growth of communications bandwidth in use and a rapid reduction in bandwidth prices have not accompanied the U.S. economy’s strong performance in the second half of the 1990s. Overall U.S. bandwidth in use has grown robustly throughout the 1990s, but growth has not...
Persistent link: https://www.econbiz.de/10005126336
There are many examples of markets involving two groups of agents who need to interact via 'platforms', and where one group's benefit from joining a platform depends on the number of agents from the other group who join the same platform. This paper presents theoretical models for three variants...
Persistent link: https://www.econbiz.de/10005134473
change total advertising spending as a share of total economic output, nor did it change significantly total advertising …
Persistent link: https://www.econbiz.de/10005134492
Comparative advertising by one brand against another showcases its merits versus the demerits of the other. In a two … advertising configuration, firms compete as Cournot oligopolists. In the symmetric case, equilibrium advertising constitutes a … clear welfare loss. Equilibrium advertising levels and advertising expenditures decline with rising advertising costs …
Persistent link: https://www.econbiz.de/10005134959
This paper argues that advertising should be regarded as a transaction between a consumer and a firm that potentially … establish direct markets for advertising. The media is viewed as an intermediary that can channel advertising and allocate it … markets, over- or underprovision of advertising, and in an overprovision of media quality for high income consumers (relative …
Persistent link: https://www.econbiz.de/10005412873
image of the institutions of undergraduate education, are presented, by highlighting the importance of the advertising push …
Persistent link: https://www.econbiz.de/10005413019