Showing 1 - 6 of 6
We analyze the social optimality of growth and product variety in a model of endogenous growth. The model contains two sectors, one assembly sector producing a homogenous consumption good, and one intermediate goods sector producing a differentiated input used in the assembly sector. Growth...
Persistent link: https://www.econbiz.de/10011090945
Persistent link: https://www.econbiz.de/10011091049
This paper investigates the role of campaign advertising and the opportunity of legal restrictions on it. An electoral … receive on non-directly informative advertising. This paper shows that: (1) A separating equilibrium exists in which the group … rational, a ban on campaign advertising can be welfare-improving; and (3) Split contributions may arise in equilibrium (and …
Persistent link: https://www.econbiz.de/10011091643
Consumers can accumulate product information on the basis of a combination of searching, product advertising and expert …
Persistent link: https://www.econbiz.de/10011092380
differentiated products on both the readership and the advertising side of the market. This allows us to recover price elasticities …
Persistent link: https://www.econbiz.de/10011092515
Persistent link: https://www.econbiz.de/10011092873