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others, the selection of Nash equilibria in noncooperative games, the existence of solutions for stochastic games and the … them today. Along with about 80 articles, Mertens's topics go from the formulation of Bayesian decision making in games … extension of the Shapley value in cooperative games with infinitely many negligible agents. …
Persistent link: https://www.econbiz.de/10011074149
This case explores the aggregate influence of corporate marketing practices on public health and examines the … increasingly important issue of the role of targeted marketing strategies by the food and beverage industries in the obesity … epidemic. Specifically, it engages a discussion about a significant yet overlooked dimension - targeted marketing to ethnic …
Persistent link: https://www.econbiz.de/10010752099
This case explores the aggregate influence of corporate marketing practices on public health and examines the … increasingly important issue of the role of targeted marketing strategies by the food and beverage industries in the obesity … epidemic. Specifically, it engages a discussion about a significant yet overlooked dimension - targeted marketing to ethnic …
Persistent link: https://www.econbiz.de/10011074166
We study a two-person zero-sum game where players simultaneously choose sequences of actions, and the overall payoff is the average of a one-shot payoff over the joint sequence. We consider the maxmin value of the game played in pure strategies by boundedly rational players and model bounded...
Persistent link: https://www.econbiz.de/10010707790
Purpose – While fierce global competition has negative environmental and social impacts and may lead large companies to act irresponsibly, corporate social responsibility (CSR) academic literature, especially stakeholder theory, pays little attention to competition and market pressure. It only...
Persistent link: https://www.econbiz.de/10011073055
Purpose – While fierce global competition has negative environmental and social impacts and may lead large companies to act irresponsibly, corporate social responsibility (CSR) academic literature, especially stakeholder theory, pays little attention to competition and market pressure. It only...
Persistent link: https://www.econbiz.de/10011074401
The purpose is to study the effect of a low-price guarantee (PG) on store price image and store patronage intention. Two kinds of low-price guarantee are studied, a price-matching guarantee (PMG) where the price difference is refunded and a price-beating guarantee (PBG) where a retailer offers...
Persistent link: https://www.econbiz.de/10011166510
We extend the persuasion game to bring it squarely into the economics of advertising. We model advertising as exciting … consumer interest into learning more about the product, and determine a firm's equilibrium choice of advertising content over … quality information, price information, and horizontal match information. Equilibrium is unique whenever advertising is …
Persistent link: https://www.econbiz.de/10010733987
advertising reduces the platform's attractiveness but enhances advertisers' market power. If ads are uninformative, the platform … optimally attracts only niche advertising. This is however not feasible if search costs cannot be made su ciently low, in which … unable to attract consumers with uninformative ads. The analysis is extended to allow advertising to include product …
Persistent link: https://www.econbiz.de/10010748203
Research that examines race-stereotyped advertising emphasizes the social impact of these representations and overlooks … the potential positive effect on advertising effectiveness. The present research examines the effects of race …-stereotyped portrayals on advertising effectiveness among both members and non members of a group that is stereotyped in an advertisement. We …
Persistent link: https://www.econbiz.de/10010706793