The authors develop a dynamic approach to measuring the evolution of comparative brand premium, an important component of brand equity. A comparative brand premium is defined as the pairwise price difference between two products being identical in every respect but brand. The model is based on...

The authors develop a dynamic approach to measuring the evolution of comparative brand premium, an important component of brand equity. A comparative brand premium is defined as the pairwise price difference between two products being identical in every respect but brand. The model is based on...

New and old products differ in two respects: quality and newness. Whereas a higher quality of a new product always benefits consumers, the newness itself benefits some consumers, but not others, and for some, it is even a disadvantage. We capture these features in a Hotelling model of...

When some industries are overrepresented in urban areas (urban concentration), some other industries must be overrepresented in rural areas (rural concentration). Existing measures of concentration do not distinguish between these different types of concentration. Instead, they rank industries...

New and old products differ in two respects: quality and newness. Whereas a higher quality of a new product always benefits consumers, the newness itself benefits some consumers, but not others, and for some, it is even a disadvantage. We capture these features in a Hotelling model of Over-...

Industries necessarily differ with respect to their type of geographical concentration. When some industries are overrepresented in urban areas (urban concentration), then some other industries must be overrepresented in rural areas (rural concentration). Unfortunately, the existing measures of...

This study introduces the urbanicity index of employment. Unlike traditional measures of urbanization (e.g., urbanization rate), the urbanicity index is distance-based and accounts for the scale aspect as well as the concentration aspect of urbanization. The concentration aspect can be...

Industries necessarily differ with respect to their type of geographical concentration. When some industries are overrepresented in urban areas (urban concentration), then some other industries must be overrepresented in rural areas (rural concentration). Unfortunately, the existing measures of...

The authors develop a dynamic approach to measuring the evolution of comparative brand premium, an important component of brand equity. A comparative brand premium is defined as the pairwise price difference between two products being identical in every respect but brand. The model is based on...