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Advertising often aims at creating and reinforcing brand differentiation, which should translate into reduced price … competition. Currently unknown are the boundary conditions for long-term advertising benefits, the route through which advertising … effects materialize, and the role of competitive advertising in the category. The authors develop a Hierarchical Dynamic …
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Problem definition: Online retailers provide recommendations of ancillary services when a customer is making a purchase. Our goal is to predict the Net Present Value (NPV) of these services, estimate the probability of a customer subscribing to each of them depending on what services are offered...
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