Ads as cues
marginalrevolution.com/marginalrevolution/2025/10/ads-as-cues.htmlWhy 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.