Empirically Distinguishing Informative and Prestige Effects of Advertising
提出方法区分品牌广告的信息效应和声望效应，利用酸奶购买数据发现广告主要影响未尝试过该品牌的消费者，说明其信息传递作用。
This article introduces techniques to empirically distinguish different effects of brand advertising in nondurable, experience goods markets. I argue that advertisements that give consumers product information should primarily affect consumers who have never tried the brand, whereas advertisements that create prestige or image effects should affect both inexperienced and experienced users. I apply this empirical argument to consumer-level data on purchases of a newly introduced brand of yogurt. Empirical results indicate that the advertisements for this brand primarily affect inexperienced users of the brand. I conclude that the primary effect of these advertisements was that of informing consumers. Copyright 2001 by the RAND Corporation.