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Competition between political parties is a process that unfolds over time whereas formal theories of party competition have tended to take an essentially static, or one-shot, approach. This leaves some gaps in our understanding of the dynamics of campaigning. The aim of this paper is to make up...
Persistent link: https://www.econbiz.de/10003733875
Firms frequently utilize multiple communications instruments as part of their marketing campaign. Interactions between these instruments suggest that firms should apply Integrated Marketing Communications (IMC) to benefit from the synergies. We review different IMC models and then present a...
Persistent link: https://www.econbiz.de/10012760419
We study the dynamics of the exploitation of a natural resource distributed among and flowing between several nodes connected via a weighted, directed network. The network represents both the locations and the interactions of the resource nodes. A regulator decides to designate some of the nodes...
Persistent link: https://www.econbiz.de/10013291200
An oligopoly model is presented that allows the determination of feedback Nash equilibrium advertising strategies for an oligopoly. Analyses of symmetric and asymmetric oligopolies with the model show that unit contribution and advertising effectiveness have positive effects on a competitor's...
Persistent link: https://www.econbiz.de/10014026470
How does competition affect the entry and selection of politicians? I use data on U.S. Congressional primary and general elections for the years 1998-2014 to study this question. I measure quality using previous legislative experience and the novel "identity match" quantifying how well...
Persistent link: https://www.econbiz.de/10013335975
We consider a two-player advertising race subject to momentum. Momentum is modelled as a complementarity between current and past campaign spending in a way that is reminiscent of models of addiction and habit formation: the more effective a player's past spending has been, the more effective...
Persistent link: https://www.econbiz.de/10013011122
We consider a cooperative advertising channel consisting of a manufacturer selling its product through a retailer in competition with another independent retailer. The manufacturer subsidizes its retailer's advertising only when a certain threshold is positive. Moreover, the manufacturer's...
Persistent link: https://www.econbiz.de/10013133537
This paper develops a tractable dynamic model of competition between two risk-averse portfolio managers who attempt to outperform each other by trading in different stocks, reflecting asset specialization. We characterize explicitly the unique Nash equilibrium portfolio policies, and show that a...
Persistent link: https://www.econbiz.de/10012976674
In this paper, intraseasonal fishing is modeled as a differential game between fishermen in a total allowable catch-regulated fishery with and without individual fishing quotas (IFQs). Heterogeneous harvest values are included by incorporating time-specific harvest costs and a stock effect into...
Persistent link: https://www.econbiz.de/10014219498
We model competition among news providers as a contest where each firm chooses to publish on a topic from a large pool of topics with different prior success probabilities. If a topic is successful, firms that chose to publish on it share a fixed reward. We explore how increased competition (as...
Persistent link: https://www.econbiz.de/10014038725