Anderson, Simon P.; Renault, Régis - In: Management Science 59 (2013) 1, pp. 69-83
quality information, price information, and horizontal match information. Equilibrium is unique whenever advertising is … information. For a given quality level, as a function of consumer visit costs, first quality information is disclosed, then price … information and then horizontal product information are added to the advertising mix. Some suggestive evidence is provided from …