Ads as cues

marginalrevolution.com/marginalrevolution/2025/10/ads-as-cues.html

Why do we see both advertising and powerful consumer habits for well-known and intrinsically similar brands? We offer an explanation based on the idea that, as in Bordalo et al. (2020), a consumer is more likely to demand a good if she recalls the pleasure it gave her in the past. In…

This story appeared on marginalrevolution.com, 2025-10-22 13:20:31.
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