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This paper considers recent proposals for restricting keyword advertising using competitor brand names. Keyword … advertising is similar to many other widely used and valuable methods of marketing to the customers of rivals that increase … competition and facilitate entry. Queries for products or services using search engines help inform consumers about other …
Persistent link: https://www.econbiz.de/10014165940
promotion, in a model where a seller employs informative advertising to launch a new product. We propose a fairly general … advertising technology for the study of three promotional strategies—mass, imperfectly targeted, and customer directed advertising … (CDA). We find that both the private and the social incentives to use distinct advertising strategies are aligned, and that …
Persistent link: https://www.econbiz.de/10011318584
, I further study how several factors, including competition by a large number of sellers, would affect the equilibrium …
Persistent link: https://www.econbiz.de/10013244049
Economists have emphasized the role of dissipative advertising and price as signals of quality. Most works, however …;D efforts and therefore are both uncertain. I characterize the optimal separating marketing mix (price and advertising) when …), advertising appears to be necessary together with price to signal quality. Equilibrium profits depend on cost but not on quality …
Persistent link: https://www.econbiz.de/10012771800
Economists have emphasized the role of dissipative advertising and price as signals of quality. Most works, however …&D efforts and therefore are both uncertain. I characterize the optimal separating marketing mix (price and advertising) when …), advertising appears to be necessary together with price to signal quality. Equilibrium profits depend on cost but not on quality …
Persistent link: https://www.econbiz.de/10010264368
promotion, in a model where a seller employs informative advertising to launch a new product. We propose a fairly general … advertising technology for the study of three promotional strategies—mass, imperfectly targeted, and customer directed advertising … (CDA). We find that both the private and the social incentives to use distinct advertising strategies are aligned, and that …
Persistent link: https://www.econbiz.de/10010324895
the firm sells both products under the same brand name, consumers adjust their beliefs about quality subject to the … markets and that even unprofitable products may be used to stabilize the umbrella brand. However, umbrella branding does not …
Persistent link: https://www.econbiz.de/10010365881
rationalizing quality-equivalent line extensions. Under competition, both average quality and market coverage are (weakly) higher … but monopoly can yield higher welfare than competition. …
Persistent link: https://www.econbiz.de/10011899163
the dynamics of advertising resulting from its role in the accumulation of goodwill for a product or a brand. …This chapter proposes an analysis of the role of advertising in the transmission of information in markets. It also … describes how the economic analysis of informative advertising provides a satisfactory account of advertising practices and …
Persistent link: https://www.econbiz.de/10014025249
image-concerned consumers buy excessive quality instead. Monopoly may therefore yield higher welfare than competition …
Persistent link: https://www.econbiz.de/10010227729