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employed Canadian men. The results indicate that sample selection into alcohol and tobacco use is not negligible. With all else …
Persistent link: https://www.econbiz.de/10005076928
Comparative advertising by one brand against another showcases its merits versus the demerits of the other. In a two … advertising configuration, firms compete as Cournot oligopolists. In the symmetric case, equilibrium advertising constitutes a … clear welfare loss. Equilibrium advertising levels and advertising expenditures decline with rising advertising costs …
Persistent link: https://www.econbiz.de/10005125038
Comparative advertising by one brand against another showcases its merits versus the demerits of the other. In a two … advertising configuration, firms compete as Cournot oligopolists. In the symmetric case, equilibrium advertising constitutes a … clear welfare loss. Equilibrium advertising levels and advertising expenditures decline with rising advertising costs …
Persistent link: https://www.econbiz.de/10005134959
An acceleration in the growth of communications bandwidth in use and a rapid reduction in bandwidth prices have not accompanied the U.S. economy’s strong performance in the second half of the 1990s. Overall U.S. bandwidth in use has grown robustly throughout the 1990s, but growth has not...
Persistent link: https://www.econbiz.de/10005126336
change total advertising spending as a share of total economic output, nor did it change significantly total advertising …
Persistent link: https://www.econbiz.de/10005134492
illustrate their use by considering costs of the U.S. tobacco program. …
Persistent link: https://www.econbiz.de/10005125965
tobacco prices, the increases are attributable to the method the settlement used to structure payments as well as the market …
Persistent link: https://www.econbiz.de/10005134622
We empirically test some implications from location theory using the location of Los Angeles area gasoline stations in physical space and in the space of product attributes. We consider the effect of demand patterns, entry costs, and several proxies for competition -- the total number of...
Persistent link: https://www.econbiz.de/10005412965
We analyze models of product differentiation with perfect price discrimination and free entry. Although perfect price discrimination ensures efficient output decisions given product characteristics, coordination failures may prevent efficiency in the choice of product characteristics. More...
Persistent link: https://www.econbiz.de/10005076900
This paper analyzes the incentives for governments to impose export subsidies when firms invest in a cost saving technology before market competition. Governments first impose an export subsidy or a tax. After observing export policy, firms invest in cost reducing R&D and subsequently compete in...
Persistent link: https://www.econbiz.de/10005062617