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This paper examines the effects of direct-to-consumer advertising (DTCA) of prescription drugs on doctor choice of drug … brands. Using antihistamines as an example, we show that DTCA has little effect on the choice of brand despite the massive … DTCA expenditure incurred in this class. In contrast, directed-to-physician advertising (i.e., detailing and medical …
Persistent link: https://www.econbiz.de/10014065758
We study effects of direct-to-consumer advertising (DTCA) in a mar- ket with two pharmaceutical firms providing … drugs to physicians (detailing) to influence prescription decisions and, if allowed, to consumers (DTCA) to increase the … awareness of the drug. The main Þndings are: Firstly, Þrms beneÞt fromDTCAonlyif prices are regulated. On the one hand, DTCA …
Persistent link: https://www.econbiz.de/10005695847
We study effects of direct-to-consumer advertising (DTCA) in a market with two pharmaceutical firms providing … drugs to physicians (detailing) to influence prescription decisions and, if allowed, to consumers (DTCA) to increase the … awareness of the drug. The main findings are: Firstly, firms benefit from DTCA only if prices are regulated. On the one hand …
Persistent link: https://www.econbiz.de/10008914353
We present a Hotelling model of price and advertising competition between prescription drugs that differ in quality/side e¤ects. Advertising results in the endogenous formation of two consumer groups: brand loyal and non-brand loyal ones. We show that advertising strategies are strategic...
Persistent link: https://www.econbiz.de/10008680762
This paper is the first to estimate the impact of exposure to deceptive advertising on consumption of the advertised product and its substitutes. We study the market for over-the-counter (OTC) weight-loss products, a market in which deceptive advertising is rampant and products are generally...
Persistent link: https://www.econbiz.de/10010293141
This paper is the first to estimate the impact of exposure to deceptive advertising on consumption of the advertised product and its substitutes. We study the market for over-the-counter (OTC) weight-loss products, a market in which deceptive advertising is rampant and products are generally...
Persistent link: https://www.econbiz.de/10009717705
This paper is the first to estimate the impact of exposure to deceptive advertising on consumption of the advertised product and its substitutes. We study the market for over-the-counter (OTC) weight-loss products, a market in which deceptive advertising is rampant and products are generally...
Persistent link: https://www.econbiz.de/10013085070
Because packaging reaches consumers at the critical moments of purchase and consumption, it has become an important marketing tool for food manufacturers and retailers. In this paper, I first review how the marketing, health and nutrition claims made on packaging create “health halos” and...
Persistent link: https://www.econbiz.de/10013065975
The paper pulls together streams of culture-related research found in information processing and behavioral decision theory literatures, and complements them with a focus on motivations and goals. We propose a framework that suggests that (a) the treatment of culture is useful when it...
Persistent link: https://www.econbiz.de/10012783289
Persistent link: https://www.econbiz.de/10013002648