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DC Field | Value | Language |
---|---|---|
dc.creator | Monteiro Paulo K. | - |
dc.creator | Moraga-González José Luis | - |
dc.date | 2003 | - |
dc.date.accessioned | 2013-05-30T10:58:25Z | - |
dc.date.available | 2013-05-30T10:58:25Z | - |
dc.date.issued | 2013-05-30 | - |
dc.identifier | http://www.scielo.br/scielo.php?script=sci_arttext&pid=S0034-71402003000200004 | - |
dc.identifier | http://www.doaj.org/doaj?func=openurl&genre=article&issn=00347140&date=2003&volume=57&issue=2&spage=401 | - |
dc.identifier.uri | http://koha.mediu.edu.my:8181/jspui/handle/123456789/4307 | - |
dc.description | In 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.publisher | Fundação Getúlio Vargas | - |
dc.source | Revista Brasileira de Economia | - |
dc.subject | two-sided uncertainty | - |
dc.subject | past-sales advertising | - |
dc.subject | pooling | - |
dc.subject | signalling | - |
dc.subject | herding | - |
dc.title | We sold a million units : the role of advertising past-sales | - |
Appears in Collections: | Business and Economics |
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