BARIGOZZI, Francesca; GARELLA, Paolo Giorgio; PEITZ, Martin - Dipartimento di Economia, Management e Metodi … - 2008
We extend the theory of advertising as a quality signal, using a model where an entrant can choose to advertise by … comparing its product to that of an established incumbent. Comparative advertising, comparing quality of one’s own product to … misleading. We show that comparative advertising can be a signal in instances where generic advertising is not viable. …