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conformity. In equilibrium, both quality and cost leaders choose higher advertising intensities and charge higher prices than …This paper analyzes persuasive advertising and pricing in oligopoly if firms sell differentiated products and consumers … that the demand-enhancing effect of persuasive advertising varies across consumers and increases in the average degree of …
Persistent link: https://www.econbiz.de/10010274911
, both quality and cost leaders choose higher advertising intensities and charge higher prices than their competitors. In …This paper provides a formal analysis of persuasive advertising when firms compete for consumers with heterogenous …-enhancing effect of persuasive advertising varies across consumers and increases in the average degree of conformity. In equilibrium …
Persistent link: https://www.econbiz.de/10010594593
conformity. In equilibrium, both quality and cost leaders choose higher advertising intensities and charge higher prices than …This paper analyzes persuasive advertising and pricing in oligopoly if firms sell differentiated products and consumers … that the demand-enhancing effect of persuasive advertising varies across consumers and increases in the average degree of …
Persistent link: https://www.econbiz.de/10009024838
conformity. In equilibrium, both quality and cost leaders choose higher advertising intensities and charge higher prices than …This paper analyzes persuasive advertising and pricing in oligopoly if firms sell differentiated products and consumers … that the demand-enhancing effect of persuasive advertising varies across consumers and increases in the average degree of …
Persistent link: https://www.econbiz.de/10013124388
conformity. In equilibrium, both quality and cost leaders choose higher advertising intensities and charge higher prices than … asymmetries between firms. -- advertising ; social attitude ; consumption externality ; quality …This paper analyzes persuasive advertising and pricing in oligopoly if firms sell differentiated products and consumers …
Persistent link: https://www.econbiz.de/10009130236
Persistent link: https://www.econbiz.de/10009700442
facing a population of consumers with heterogeneous tastes regarding product quality and brand image. First, we analyze … “active branding” by the seller through costly advertising. Our analysis shows that advertising, price and profits are all …
Persistent link: https://www.econbiz.de/10008542812
affected by advertising. This paper analyzes media market competition in a duopoly framework. There exist symmetric and … intrinsic quality. Some media exhibit public good features. This increases the scope for asymmetry when consumers value … advertising positively. If their valuation is negative only symmetric equilibria exist. Regulations limiting price competition …
Persistent link: https://www.econbiz.de/10005645483
purchase advertising in order to increase their market shares. The model aims to evaluate the general equilibrium consequences … of such a behaviour. It analyses the eects of a taxation of advertising on demand for the nal good, on working time and … on individual well-being. We conclude that, unless the direct eects of advertising on utility are strong, a positive tax …
Persistent link: https://www.econbiz.de/10010878459
This paper applies the theory of memory for advertising, developed in the consumer behavior literature, to an … industrial organization setting to provide insight into advertising strategies in imperfectly competitive markets. There are two … new ads is hampered by past ad exposure. The equilibrium of the advertising game is characterized for both proactive and …
Persistent link: https://www.econbiz.de/10013143246