Motta, Massimo - In: SERIEs 4 (2013) 1, pp. 61-81
I show that an advertising ban is more likely to increase—rather than decrease—total consumption when advertising does … allowing firms to command higher prices). In this case, the main impact of a ban on advertising is to reduce equilibrium prices …-ante (i.e. without advertising) similar and advertising is of the ‘price-increasing’ type. The ban is the more likely to …