4 February 2014

Estimating the Effects of “Reputational” Advertising

Lint Barrage, Eric Chyn, and Justine Hastingss find that in markets where British Petroleum had disseminated its “Beyond Petroleum” environmental stewardship advertising campaign before the Deepwater Horizon oil spill, the post-spill decline in both its gasoline sales and its retail margins was smaller than in markets that were not part of this campaign.