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oligopoly game in which firms sell differentiated goods and invest in advertising to increase the brand equity of their …
Persistent link: https://www.econbiz.de/10011729949
A semi-parametric, information-based estimator is used to estimate strategies in prices and advertising for Coca …
Persistent link: https://www.econbiz.de/10014029527
We customize the aggregative game approach to oligopoly to study asymmetric media markets. Advertiser, platform, and … platforms use two-sided pricing or consumers like advertising,advertiser and consumer interests are often aligned. …
Persistent link: https://www.econbiz.de/10011491950
Persistent link: https://www.econbiz.de/10013454635
oligopoly game in which firms sell differentiated goods and invest in advertising to increase the brand equity of their …
Persistent link: https://www.econbiz.de/10013051215
I present a model to describe the effects of persuasive advertising targeted at consumers with expectation …-based reference-dependent preferences. Persuasive advertising is competitive and increases the salience of advertised products while … deflated. I show that under moderate levels of loss aversion and product differentiation persuasive advertising has strictly …
Persistent link: https://www.econbiz.de/10012865584
advertising. The paper simulates the strategic interaction of the two firms based on a game-theoretic Cournot analytical model …. The results show that there exist threshold levels of advertising effectiveness at which duopoly behaviour bifurcates …, that perfectly cooperative advertising can lead to competitive disadvantage, and that perfectly predatory advertising can …
Persistent link: https://www.econbiz.de/10012698096
We analyze the use of information in a repeated oligopolistic insurance market. To sustain collusion, insurance companies might refrain from changing their pricing schedules even if new information about risks becomes available. We therefore provide an explanation for the existence of "unused...
Persistent link: https://www.econbiz.de/10003909273
This paper examines a dynamic game of exploitation of a common pool of some renewable asset by agents that sell the result of their exploitation on an oligopolistic market. A Markov Perfect Nash Equilibrium of the game is used to analyze the effects of a merger of a subset of the agents. We...
Persistent link: https://www.econbiz.de/10010434092
The paper presents the concept of an imitation equilibrium and explores it in the context of some simple oligopoly …
Persistent link: https://www.econbiz.de/10011538885