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Prior marketing literature has overlooked the role of regulatory regimes in explaining international sales growth of new products. This paper addresses this gap in the context of new pharmaceuticals (15 new molecules in 34 countries) and sheds light on the effect regulatory regimes have on new...
Persistent link: https://www.econbiz.de/10012754985
The role of customer value has been largely recognized over time by the firms as an instrument towards stimulating market share and profit optimization. The customer values for a new product of firm in competitive markets are shaped more by habits, reinforcement effects, and situational...
Persistent link: https://www.econbiz.de/10014028311
, wediscuss the asymptotic theory for this new empirical model, that is, we focus on the properties ofthe estimators of the …
Persistent link: https://www.econbiz.de/10014031462
We examine the situation where hourly data are available to design advertising-response models, whereas managerial decision making can concern hourly, daily or weekly intervals. The key question is how models for hourly data compare to models based on weekly data with respect to forecasting...
Persistent link: https://www.econbiz.de/10013128488
Many industries use dynamic pricing on an operational level to maximize revenue from selling a fixed capacity over a finite horizon. Classical risk-neutral approaches do not accommodate the risk aversion often encountered in practice. We add to the scarce literature on risk aversion by...
Persistent link: https://www.econbiz.de/10012926535
Marketers often use A/B testing as a tool to compare marketing treatments in a test stage and then deploy the better-performing treatment to the remainder of the consumer population. While these tests have traditionally been analyzed using hypothesis testing, we re-frame them as an explicit...
Persistent link: https://www.econbiz.de/10012897659
Organizational research frequently involves seeking judgmental data from multiple informants within organizations. Researchers are often faced with determining how many informants to survey, who those informants should be and (if more than one) how best to aggregate responses when disagreement...
Persistent link: https://www.econbiz.de/10012757302
The focus of this study is on the challenges faced by managers in effectively dealing with the new management logic of increasing returns as the information and knowledge intensity of their transformation processes rises. Dealing with these challenges is especially relevant for companies...
Persistent link: https://www.econbiz.de/10012765892
considered in theory and practice are based on two assumptions. First, demand – as the only uncertain variable – follows a known …
Persistent link: https://www.econbiz.de/10012933905
a firm's marketing expenditures. We discuss the implications of these findings for technology evolution theory …
Persistent link: https://www.econbiz.de/10013148811