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Advertising is tied to global warming through an endogenous growth model. The model allows for the possibility that the environment can become a source rather than a sink for greenhouse gases. Optimal control analysis of the model shows that a feasible steady state is possible for which the...
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A differential game of global warming is offered. The game involves individual country social utility functions that balance gains from GHG emissions with damages due to global warming. Two state variables are involved, the concentration of anthropogenic GHG in the atmosphere, and the increase...
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An optimal control model of global warming is presented and analyzed. The model has two state variables, representing the anthropogenic concentration of greenhouse gases in the atmosphere and the temperature increase due to the greenhouse gas concentration. The state equation for greenhouse gas...
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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...
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This paper presents some rather complicated empirical work employing econometric modelling to demonstrate the validity of a quite simple proposition: the use of a product's price as an indicator of quality is only justified when the market is free of trade barriers and other imperfections. It...
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