Demand Expansion and Elasticity Improvement as Complementary Marketing Goals.

A study examined a scenario whereby a marketing division of a monopoly faces two marketing options, namely, market enlargement and elasticity improvement. Data were obtained using a CES demand function in a simple model. Findings suggested that the two activities are complementary, so that for som...

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Publicado en:Manchester School (14636786) Vol. 79; no. 1; pp. 145 - 159
Autores principales: Ermes, Christine Halmenschlager, Mantovani, Andrea, Troege, Michael
Formato: Artículo
Publicado: Wiley-Blackwell January 2011
Materias:
Acceso en línea:Ver este registro en EBSCOhost
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        10.1111/j.1467-9957.2010.02181.x
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        atl: Demand Expansion and Elasticity Improvement as Complementary Marketing Goals.
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        au:
          Ermes, Christine Halmenschlager
          Mantovani, Andrea
          Troege, Michael
      su:
        Elasticity (Economics)
        Mathematical models of marketing
        Economic demand
        Mathematical models
        Consumer goods
        Economics
      sug:
        subj:
          Elasticity (Economics)
          Mathematical models of marketing
          Economic demand
          Mathematical models
          Consumer goods
          Economics
      keyword: Complementarity (Economics)
      ab: A study examined a scenario whereby a marketing division of a monopoly faces two marketing options, namely, market enlargement and elasticity improvement. Data were obtained using a CES demand function in a simple model. Findings suggested that the two activities are complementary, so that for some cost configurations, the firm will find it profitable to jointly implement the two options simultaneously when either option alone would produce a loss. Findings indicated that the same joint implementation conclusion is also applicable for consumer surplus, and hence a fortiori also under conditions of a social welfare objective. Findings are discussed in detail.
      pubtype: Academic Journal
      doctype: Article
      src: R
    language: English
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