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Internet platforms significantly facilitate the travel and stay of users. In Europe and the United States, the most …
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This paper analyses the equilibrium effects of individual information filters. Information is modelled as advertisements which are distributed across a population of consumers with heterogeneous preferences. An advertisement that provides knowledge about a product with little or no utility for a...
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The Internet can affect advertising expenditures through various channels. Although the traditional news media … and offline advertising complements. The impact of the Internet on advertising expenditures is also uncertain because the … advertising equilibrium prices. This paper quantifies the effect of the increase in Internet use on advertising expenditures for …
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