Competition for attention in the Information (overload) Age

The Information Age has a surfeit of information received relative to what is processed. We model multiple sectors competing for consumer attention, with competition in price within each sector. Sector advertising levels follow a constant elasticity of substitution (CES) form, and within-sector pric...

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Veröffentlicht in:	The Rand journal of economics 2012-03, Vol.43 (1), p.1-25
Hauptverfasser:	Anderson, Simon P., de Palma, André
Format:	Artikel
Sprache:	eng
Schlagworte:	Advertising Advertising expenditures Advertising media Business administration Competition Consumer advertising Consumer economics Consumer equilibrium Consumer prices Consumer sectors Cost efficiency Economic competition Economics and Finance Elasticity of substitution Humanities and Social Sciences Information Information management Information society Optimal taxation Pareto efficiency Pareto optimum Price competition Studies Zero profit condition
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