Please use this identifier to cite or link to this item: http://dspace.mediu.edu.my:8181/xmlui/handle/123456789/4307
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dc.creatorMonteiro Paulo K.-
dc.creatorMoraga-González José Luis-
dc.date2003-
dc.date.accessioned2013-05-30T10:58:25Z-
dc.date.available2013-05-30T10:58:25Z-
dc.date.issued2013-05-30-
dc.identifierhttp://www.scielo.br/scielo.php?script=sci_arttext&pid=S0034-71402003000200004-
dc.identifierhttp://www.doaj.org/doaj?func=openurl&genre=article&issn=00347140&date=2003&volume=57&issue=2&spage=401-
dc.identifier.urihttp://koha.mediu.edu.my:8181/jspui/handle/123456789/4307-
dc.descriptionIn a market where past-sales embody information about consumers' tastes, we analyze a seller's incentives to invest in a costly advertising campaign to report past-sales. If consumers are poorly informed, a pooling equilibrium with past-sales advertising obtains. Information revelation only occurs when the seller benefits from the consumers' herding behavior brought about by the advertising campaign. If consumers are better informed, a separating equilibrium with past-sales advertising arises. Information revelation always happens, either through prices or through costly advertisements.-
dc.publisherFundação Getúlio Vargas-
dc.sourceRevista Brasileira de Economia-
dc.subjecttwo-sided uncertainty-
dc.subjectpast-sales advertising-
dc.subjectpooling-
dc.subjectsignalling-
dc.subjectherding-
dc.titleWe sold a million units : the role of advertising past-sales-
Appears in Collections:Business and Economics

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