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Persistent link: https://www.econbiz.de/10011639430
Using a general-equilibrium model that includes consumers, airlines, and an airport with both aeronautical service and non-aeronautical service, this paper investigates the airport's decisions on its aeronautical charge and capacity, as well as the size of its non-aeronautical service. In...
Persistent link: https://www.econbiz.de/10012998473
We develop a Hotelling model of horizontally and vertically differentiated brands with misleading advertising competition. We investigate the question of who benefits or loses from the misinformation created by advertising competition and related regulatory policies. We show that the quality...
Persistent link: https://www.econbiz.de/10010535181
In this paper, we build a model of strategic misleading advertising in duopolistic markets with horizontal product differentiation and advertising externality between firms. We investigate the effects of regulating misinformation on market competition, behavior of firms, and social welfare. We...
Persistent link: https://www.econbiz.de/10008855657
Persistent link: https://www.econbiz.de/10011500348
Persistent link: https://www.econbiz.de/10011392142