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We estimate the effect of information on consumers' willingness to pay for branded goods in physically homogeneous consumer packaged goods categories. In a case study of headache remedies, we find that college education, working in a healthcare occupation, and other proxies for product knowledge...
Persistent link: https://www.econbiz.de/10013006238
suggest that misinformation and related consumer mistakes explain a sizable share of the brand premium for health products …
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We conduct an empirical case study of the U.S. beer industry to analyze the disruptive effects of locally-manufactured, craft brands on market structure, an increasingly common phenomenon in CPG industries typically attributed to the emerging generation of adult Millennial consumers. We document...
Persistent link: https://www.econbiz.de/10012496172
suggest that misinformation and related consumer mistakes explain a sizable share of the brand premium for health products …
Persistent link: https://www.econbiz.de/10012458372
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survey the literature on the role of consumer branding and brand preferences in driving consumer demand. We also discuss the …
Persistent link: https://www.econbiz.de/10014023358
firms can improve brand perceptions through advertising investments, as in Sutton's endogenous sunk cost theory. In the data … distribution of entry is found to account for the levels, rank-orders and covariation in the geographic distribution of brand … shares, perceived brand qualities and advertising effort. Interestingly, alternative potential sources of geographic …
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