Showing 1 - 3 of 3
Over the course of a repeated game, players often exhibit learning in selecting their best response. Research in economics and marketing has identified two key types of learning rules: belief and reinforcement. It has been shown that players use either one of these learning rules or a...
Persistent link: https://www.econbiz.de/10010865232
Persistent link: https://www.econbiz.de/10013368366
The U.S. pharmaceutical industry spent upwards of $18 billion on marketing drugs in 2005; detailing and drug sampling activities accounted for the bulk of this spending. To stay competitive, pharmaceutical managers need to maximize the return on these marketing investments by determining which...
Persistent link: https://www.econbiz.de/10008787772