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This article presents the relationship between a firm’s advertisement spending and sales in a duopoly when information about the competitors’ advertisement spending is unavailable. The competitive interaction between the firms has been modeled as imperfect information Cournot and Stackelberg...
Persistent link: https://www.econbiz.de/10014033836
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Firms have lately been increasing their investments in digital video advertising at the expense of television advertising. We examine the efficacy of such investments with a media efficiency and saturation analysis on longitudinal datasets from a national restaurant chain, and a national food...
Persistent link: https://www.econbiz.de/10014033841