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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
In the deliberations of scholars, policy analysts, and policy makers, television has exceptional power and influence …. Yet the historical record shows that television has not changed the economics of attention for large populations in the … aspirations, building national brands, and establishing significant brand equity. The advent of radio and television did not …
Persistent link: https://www.econbiz.de/10005134492
) Act 1992, Radio Licence Fees Act 1964 and the Television Licence Fees Act 1964. The Commission was to advise on practical …
Persistent link: https://www.econbiz.de/10005135116
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
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
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
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