Persuasive Advertising and Market Competition

Studies a duopoly industry where the firms compete for market shares by choosing output prices and advertising outlays. Model of persuasive advertising; Simultaneous, non-commitment choice of prices and advertising; Commitment equilibrium; Symmetric and asymmetric cases.

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Bibliographic Details
Main Authors: LEUNG, Hing-Man, KOH, Winston T. H.
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 1992
Subjects:
Online Access:https://ink.library.smu.edu.sg/soe_research/330
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Institution: Singapore Management University
Language: English
Description
Summary:Studies a duopoly industry where the firms compete for market shares by choosing output prices and advertising outlays. Model of persuasive advertising; Simultaneous, non-commitment choice of prices and advertising; Commitment equilibrium; Symmetric and asymmetric cases.