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Lee Mcguigan, "Selling the American People: Advertising, Optimization, and the Origins of Adtech" (MIT Press, 2023)

New Books in Economics

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Calculative Evolution and the History of Advertising

This chapter explores the concept of 'calculative evolution' in advertising history, highlighting the parallel development of computerization and mathematical approaches to optimization alongside the creative revolution. It discusses the ideology of optimization, the adoption of operations research and management science, and the borrowing of techniques from the military. The chapter also delves into media optimization models and the complexities of advertising in the evolving media ecosystem.

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