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A Nonparametric Test Of Advertising'S Effectiveness

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  • Chalfant, James A.
  • Eshel, Dafna M. Disegni

Abstract

Nonparametric demand analysis uses axioms of revealed preference to test a data set for compatibility with the hypothesis of stable preferences. Previous applications have tested for the presence of structural change using this approach. This paper shows how to include demand shifters such as advertising in the analysis. It is shown that the implied results for changes in tastes depend on restrictions on advertising's effects.

Suggested Citation

  • Chalfant, James A. & Eshel, Dafna M. Disegni, 2001. "A Nonparametric Test Of Advertising'S Effectiveness," 2001 Annual meeting, August 5-8, Chicago, IL 20529, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
  • Handle: RePEc:ags:aaea01:20529
    DOI: 10.22004/ag.econ.20529
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    References listed on IDEAS

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    7. Landsburg, Steven E, 1981. "Taste Change in the United Kingdom, 1900-1955," Journal of Political Economy, University of Chicago Press, vol. 89(1), pages 92-104, February.
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    9. Chalfant, James A & Alston, Julian M, 1988. "Accounting for Changes in Tastes," Journal of Political Economy, University of Chicago Press, vol. 96(2), pages 391-410, April.
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