Volume 10 is entitled "Advertising and Differentiated Products,"
and is part of the annual series "Advances in Applied
Microeconomics." The series provides a forum in which researchers
disseminate frontier research in applied microeconomics. The volume
contains 11 chapters, which cover theoretical and empirical
contributions. Four chapters examine theoretical models of
incomplete information, product innovations in services, generic
advertising, and brand loyalty and price competition. The seven
empirical chapters examine both advertising and product
differentiation, including generic advertising, advertising bans
and the First Amendment, alcoholic beverage advertising, magazines
advertising and news stand circulation, product variety in radio
broadcasting, mandated exclusive territories, and pricing dynamics
in the retail sector.
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