Showing 1 - 10 of 10
Petroleum" advertising campaign. We find evidence consistent with consumer punishment of BP in the months following the spill …
Persistent link: https://www.econbiz.de/10010950761
This review discusses the role of consumer-directed and physician-directed promotion in the pharmaceutical market … and persuasive elements. Consumer advertising is more effective at enlarging the market, educating consumers, inducing … suggestive evidence that it may even be mildly pro-competitive. With respect to costs, some studies suggests that consumer …
Persistent link: https://www.econbiz.de/10010950788
Spending on prescription drugs (Rx) represents one of the fastest growing components of U.S. healthcare spending, and has coincided with an expansion of pharmaceutical promotional spending. Most (83%) of Rx promotion is directed at physicians in the form of visits by pharmaceutical...
Persistent link: https://www.econbiz.de/10010951440
1998 ST Master Settlement Agreement. This study is based on the 2003-2009 waves of the National Consumer Survey (NCS), a …
Persistent link: https://www.econbiz.de/10011227952
The purpose of this paper is to empirically estimate the effect of alcohol advertising on motor vehicle fatalities. The concept of an industry level advertising response function is developed and other empirical issues in estimating the effects of advertising are reviewed. The data set consists...
Persistent link: https://www.econbiz.de/10005720728
productivity heterogeneity. In this model, a firm enters a market if it makes profits by reaching a single consumer there and pays …
Persistent link: https://www.econbiz.de/10005828418
Persuasion is a fundamental part of social activity, yet it is rarely studied by economists. We compare the traditional economic model, in which persuasion is communication of objectively valuable information, with a behavioral model, in which persuasion is an effort to fit the message into the...
Persistent link: https://www.econbiz.de/10005829554
The research in Psychology and Economics (a.k.a. Behavioral Economics) suggests that individuals deviate from the standard model in three respects: (i) non-standard preferences; (ii) non-standard beliefs; and (iii) non-standard decision-making. In this paper, I survey the empirical evidence from...
Persistent link: https://www.econbiz.de/10005774777
We argue in this paper that retailers can strategically position store brands in product space to strengthen their bargaining position when negotiating supply terms with manufacturers of national brands. Using a bargaining framework we model a retailer's decision whether to carry an additional...
Persistent link: https://www.econbiz.de/10005777921
We study the effects of generic entry on prices and utilization using both event study models that exploit the differential timing of generic entry across drug molecules and cast studies. Our analysis examines drugs treating hypertension, high blood pressure, type 2 diabetes, and depression...
Persistent link: https://www.econbiz.de/10009018250