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We present a strategic game of pricing and targeted-advertising. Firms cansimultaneously target priceadvertisements to … occur surely. Equilibria exhibit random advertising--to induce an unequal distribution of information in the market …
Persistent link: https://www.econbiz.de/10011333902
promotion, in a model where a seller employs informative advertising to launch a new product. We propose a fairly general … advertising technology for the study of three promotional strategies—mass, imperfectly targeted, and customer directed advertising … (CDA). We find that both the private and the social incentives to use distinct advertising strategies are aligned, and that …
Persistent link: https://www.econbiz.de/10011318584
example, consider advertisers who have to decide on the advertising media mix (e.g. 30% of the expenditures on TV advertising …, 10% on radio and 60% on online advertising) as well as on the total budget of the entire campaign. To model mixture … advertising campaigns. The mixture here is the particular media mix (TV and magazine advertising) used for a campaign. As the …
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This paper offers an explanation for why policy makers stick to inefficient policy decisions. I argue that repealing a policy is a bad signal to voters about the policy maker's competence if voters do not have complete knowledge about the effects of implemented policies. I derive the optimal...
Persistent link: https://www.econbiz.de/10011301144
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When hiring an adviser (he), a policy maker (she) often faces the problem that she has incomplete information about his preferences. Some advisers are good, in the sense that their preferences are closely aligned to the policy maker's preferences, and some advisers are bad. Recently, some...
Persistent link: https://www.econbiz.de/10011334827
quality goods and keep up the reputation of the destination as demandcontinues to grow, producers need to gain a mark-up on …
Persistent link: https://www.econbiz.de/10011316879
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