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discuss the asymptotic theory for this new empirical model, that is, we focus on the properties of the estimators of the …
Persistent link: https://www.econbiz.de/10010731286
, wediscuss the asymptotic theory for this new empirical model, that is, we focus on the properties ofthe estimators of the …
Persistent link: https://www.econbiz.de/10014031462
To understand the relevance of marketing efforts, it has become standard practice to estimate the long-run and short-run effects of the marketing-mix, using, say, weekly scanner data. A common vehicle for this purpose is an econometric time series model. Issues that are addressed in the...
Persistent link: https://www.econbiz.de/10010731204
To understand the relevance of marketing efforts, it has become standard practice to estimatethe long-run and short-run effects of the marketing-mix, using, say, weekly scanner data. Acommon vehicle for this purpose is an econometric time series model. Issues that areaddressed in the literature...
Persistent link: https://www.econbiz.de/10014029684
We examine the situation where hourly data are available to design advertising-response models, whereas managerial decision making can concern hourly, daily or weekly intervals. The key question is how models for hourly data compare to models based on weekly data with respect to forecasting...
Persistent link: https://www.econbiz.de/10013128488
Although high frequency diffusion data is nowadays available, common practice is still to only use yearly figures in order to get rid of seasonality. This paper proposes a diffusion model that captures seasonality in a way that naturally matches the overall S-shaped pattern. The model is based...
Persistent link: https://www.econbiz.de/10013115793
In this paper we introduce a model that is suitable to study the diffusion of new and dominant multi-generation technologies. Examples are computer operat- ing systems, mobile phone standards, video game consoles. Our model incorporates three new features that are not included in related models....
Persistent link: https://www.econbiz.de/10013116054
To comprehend the competitive structure of a market, it is important to understand the short-run and long-run effects of the marketing mix on market shares. A useful model to link market shares with marketing-mix variables, like price and promotion, is the market share attraction model. In this...
Persistent link: https://www.econbiz.de/10014076333
The authors put forward a sales response model to explain the differences in immediate and dynamic effects of promotional prices and regular prices on sales. The model consists of a vector autoregression rewritten in error-correction format which allows to disentangle the immediate effects from...
Persistent link: https://www.econbiz.de/10014027477
The Bass (1969) diffusion theory often guides the construction of forecasting models for new product diffusion. To …
Persistent link: https://www.econbiz.de/10014083574