“Last-chance” sales: what makes them credible?

This paper analyzes the firms’ standard practice of announcing clearance or “last-chance” sales, namely advertising that a particular product is not going to be available in the market anymore. In the context of a two-period signaling game, prices and advertising decisions of firms are analyzed. The...

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Detalles Bibliográficos
Autores principales: Muñoz García, Félix, González Lozano, Heriberto
Formato: Artículo
Lenguaje:spa
Publicado: Universidad Autónoma de Nuevo León 2009
Materias:
Acceso en línea:https://ensayos.uanl.mx/index.php/ensayos/article/view/96