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Estimating Advertising Half-Life and the Data Interval Bias

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Author Info
Fry, T.R.L.
Broadbent, S.
Dixon, J.M.

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Abstract

We compare three methods of estimating the duration, or half-life, of how well each method works with the data aggregated over different time intervals. In contrast with the existing theory on the, so called, data interval bias, our experiments are based upon realistic advertising schedules. Our results appear to indicate that the indirect "t-ratio" estimating procedure favoured by practitioners works well in the presence of such temporal aggregation. Additionally, we suggest a transformation that can be used in combination with the indirect "t-ratio" estimating procedure to obtain estimates of the underlying microperiod half- life from a variety of common (macro) data frequencies.

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File URL: http://www.buseco.monash.edu.au/depts/ebs/pubs/wpapers/1999/wp6-99.pdf
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Publisher Info
Paper provided by Monash University, Department of Econometrics and Business Statistics in its series Monash Econometrics and Business Statistics Working Papers with number 6/99.

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Length: 29 pages
Date of creation: Mar 1999
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Publication status: Published in Journal of Targeting, Measurement & Analysis in Marketing (2000), 8, 314-334.
Handle: RePEc:msh:ebswps:1999-6

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Related research
Keywords: Adstock; half-life; data interval bias.;

Find related papers by JEL classification:
M37 - Business Administration and Business Economics; Marketing; Accounting - - Marketing and Advertising - - - Advertising
C13 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods: General - - - Estimation
C51 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Model Construction and Estimation

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This page was last updated on 2009-12-16.


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