This paper develops a dynamic duopolistic model of advertising and price competition. Advertising accumulates a stock of goodwill which enters directly into the demand functions and both the cooperative and predatory effects of advertising are considered. It is shown that firms invest more in...

In the last few years, there has been a growing body of literature on how to detect and deal with the fact that some respondents seem to ignore one or more attributes in a discrete choice experiments. This paper aims to analyse the performance of two econometric approaches devoted to solve this...

Discrete Choice Experiment (DCE) is an increasingly used valuation method to guide policy-makers in their landscape management decision-making. However, due to time and budget constraints, conducting an original DCE for every single policy decision may not be possible in practice. In this...