Investment in advertising as a new instrument of capital

  • Maximiliano Gracia Hernández
  • Sergio Monroy Aguilar
Keywords: Advertising, capital, institutionalism, expectations, game theory

Abstract

Result of the process of globalization, the relationship between investment  and spending on advertising has deepened in recent years, the economic competition increases, becoming more wild growing openness  and therefore profit margins are reduced; This obliges the employer to  seek new survival strategies and if it is possible, to implement policiesto  increase profits. This paper shows how investment in advertising is a  survival strategy and this is not better mechanism for the increase in  corporate profits, even if perceived as an optimal strategy.

Published
2012-01-04
How to Cite
Gracia Hernández, M., & Monroy Aguilar, S. (2012). Investment in advertising as a new instrument of capital. Journal of Economics, Faculty of Economics, Autonomous University of Yucatan, 29(78), 81. https://doi.org/10.33937/reveco.2012.30