Abstract
This paper formulates a model of advertising prices in which a homogeneous product is not intended for sales at conventional stores. The product is sold by means of advertising instead. Applications of this model can be found on numerous sales activities include, for example, insurance companies, television shopping channels and Internet e-tailers who advertise their products and prices by sending e-mails to potential buyers or by means of popup windows. This paper makes endogenous both firm advertising and price strategies in the model.
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© 2006 Springer-Verlag Berlin Heidelberg
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Chen, Q., Zhang, WG., Kuang, G. (2006). Equilibrium Distribution of Advertising Prices. In: Cheng, SW., Poon, C.K. (eds) Algorithmic Aspects in Information and Management. AAIM 2006. Lecture Notes in Computer Science, vol 4041. Springer, Berlin, Heidelberg. https://doi.org/10.1007/11775096_10
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DOI: https://doi.org/10.1007/11775096_10
Publisher Name: Springer, Berlin, Heidelberg
Print ISBN: 978-3-540-35157-3
Online ISBN: 978-3-540-35158-0
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