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Abstract

This chapter summarises our discussion, highlights some of the points raised and introduces new empirical work on advertising and profits. Finally, some concluding thoughts are advanced.

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Notes and References

  1. John M. Scheidell, Advertising, Prices and Consumer Reaction (American Enterprise Institute, 1979).

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  2. J. L. Simon, Issues in the Economics of Advertising (Illinois University Press, 1970).

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  3. Kelvin L. Lancaster, ‘Socially Optimal Product Differentiation’, American Economic Review (1975).

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  4. Sherwin Rosen, ‘Advertising, Information and Product Differentiation’, in David Tuerck (ed.) Issues in Advertising (American Enterprise Institute, 1978).

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  5. W. S. Comanor and T. S. Wilson, ‘Advertising, Market Structure and Performance’, Review of Economics and Statistics (1967).

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  6. K. Clarkson, Intangible Capital and Rates of Return (American Enterprise Institute, 1977).

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  7. G. J. Stigler, The Organisation of Industry (Irwin, 1968) p. 67.

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  8. Joe S. Bain, Industrial Organisation (Wiley, 1962).

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  9. K. S. Palda, The Measurement of Cumulative Advertising Effects (Prentice-Hall, 1964).

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  10. L. W. Weiss, ‘Advertising, Profits and Corporate Taxes’, Review of Economics and Statistics (1969).

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  11. W. Taplin, Advertising: A New Approach (Hutchison, 1962).

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  12. Israel Kirzner, ‘Advertising’, The Freeman (1972).

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Authors

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© 1981 W. Duncan Reekie

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Cite this chapter

Reekie, W.D. (1981). Conclusions. In: The Economics of Advertising. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-04877-9_8

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