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The Economic Worth of Celebrity Endorsers: An Event Study Analysis

Published in Journal of Marketing • Jul 1, 1995
NobleIDNI4P07W86R34S81
Authors:
Jagdish Agrawal
,
Wagner A. Kamakura

Abstract

Celebrity endorsement has become a prevalent form of advertising in the United States. Despite extensive literature on the effects of celebrity endorsements on consumers' brand attitudes and purchase intentions, little is known about the economic value of these endorsements. Research on this topic h...

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