BEGIN:VCALENDAR
VERSION:2.0
PRODID:-//132.216.98.100//NONSGML kigkonsult.se iCalcreator 2.20.4//
BEGIN:VEVENT
UID:20260624T050915EDT-88324c59ip@132.216.98.100
DTSTAMP:20260624T090915Z
DESCRIPTION:\n	Dynamic Games and Applications Seminar\n\n	Speaker: Régis Chen
 avaz – KEDGE Business School\, France\n\n	Webinar link\n		Webinar ID: 962 777
 4 9870\n		Passcode: 285404\n\n	Abstract:\n\n	The increase of demand in price\,
  an exception to the law of demand\, is known as the Veblen effect. We sho
 w that advertising and goodwill play an important role in the Veblen effec
 t. By employing optimal control theory\, we capture the evolution of the v
 ariables over time which may exhibit the Veblen effect where price and dem
 and move in the same direction. Incorporating this dynamics into firms' de
 cisions has a promising impact on long-term profit. Consequently\, it may 
 even trigger a slew of studies on product line extension\, competition and
  pricing by allowing firms to control their status.\n\n
DTSTART:20210211T160000Z
DTEND:20210211T170000Z
LOCATION:CA\, ZOOM
SUMMARY:Advertising\, goodwill\, and the Veblen effect
URL:/cim/channels/event/advertising-goodwill-and-veble
 n-effect-328520
END:VEVENT
END:VCALENDAR