Résumé
I analyze a quality signaling problem by a monopoly introducing a new experience good. A high-quality type aims to signal itself to consumers but can be imitated by a low-quality type with either a low or a high cost. In the unique separating equilibrium after deletion of dominated strategies, the high-quality type separates through a marketing mix of price and dissipative advertising. Advertising is used despite the absence of repeat purchases or informed consumers.
| langue originale | Anglais |
|---|---|
| Pages (de - à) | 63-80 |
| Nombre de pages | 18 |
| journal | Manchester School |
| Volume | 79 |
| Numéro de publication | 1 |
| Les DOIs | |
| état | Publié - 1 janv. 2011 |
| Modification externe | Oui |
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Examiner les sujets de recherche de « Caught in a stranglehold? advertising: What else? ». Ensemble, ils forment une empreinte digitale unique.Contient cette citation
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