Jamal Awil

← The Attention Merchants

In his 1933 work The Theory of Monopolistic Competition. [fact]

As economist Edward Chamberlin, in his 1933 work The Theory of Monopolistic Competition, alleged, the creation of strong brand loyalties, having little to do with intrinsic value, was a calculated effort to foster irrational attachments by which a brand might survive competition from other brands that were as good or better.

Tim Wu, The Attention Merchants, loc. 273