The aim of this Paper is to demonstrate that advertising can have an important function in markets with consumption externalities, apart from its persuasive and informative roles. We show that advertising may function as ...
The aim of this article is to demonstrate that advertising can have an important function in markets with consumption externalities apart from its persuasive and
informative roles. We show that advertising may function ...
This note examines the sensitivity of tests for homogeneity in demand systems to such factors as omitted variables and dynamic and stochastic specification. It estimates demand systems for Ireland using time-series data ...