Showing 1 - 10 of 27
A simple Ising spin model which can describe the mechanism of advertising in a duopoly market is proposed. In contrast … via standard Monte Carlo simulations that very simple rules and inclusion of an external field - an advertising campaign …
Persistent link: https://www.econbiz.de/10005556888
image of the institutions of undergraduate education, are presented, by highlighting the importance of the advertising push …
Persistent link: https://www.econbiz.de/10005413019
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
generates an expectation characterised by the utility of a product innovation introduced through trialable advertising, which at …
Persistent link: https://www.econbiz.de/10005561804
This paper addresses the economic impact of German advertising regulations. The digital convergence of media provides a … integration of interactively purchasable products in television programs and movies for the purpose of advertising. Such … advertising could conceivably outstrip traditional product placement as a source of revenues for the film industry. Moreover, IPP …
Persistent link: https://www.econbiz.de/10005126063
This paper explores the trade-off between the short-term benefits of false quality advertisements against the longer term costs of reputation damage. A directed search model is constructed in which submarkets are created by the advertisements and reputations of sellers. A reputation system links...
Persistent link: https://www.econbiz.de/10005134460
) industry. I present an empirical discrete-choice model of limited information on the part of consumers, where advertising … influences the set of products from which consumers choose to purchase. Multi-product firms choose prices and advertising in each … medium to maximize their profits. I apply the model to the US PC market, in which advertising expenditures are over $2 …
Persistent link: https://www.econbiz.de/10005134551
As a complementary to the existing studies of competitive market structure analysis, the present paper proposed a time series methodology to provide a more detailed picture of marketing competition in relation to competitive market structure. Two major hypotheses were tested as part of this...
Persistent link: https://www.econbiz.de/10005135022
We present a model of the TV-advertising market that encompasses both the product markets and the market for TV … a TV duopoly may reduce both the total number of viewers and the total amount of TV advertising. A softening of price … competition in each product market results in more investment in program quality, higher price per advertising slot, and more …
Persistent link: https://www.econbiz.de/10005412894
dominant strategy whenever advertising cost is low, buyers are many and their private information is accurate. When the seller … can postpone the advertising decision and gains experience, past-sales revelation occurs partially. In equilibrium …
Persistent link: https://www.econbiz.de/10005412930