Fight or flight? Market positions, submarket interdependencies, and strategic responses to entry threats

Research Summary: This paper examines how incumbent firms' market positions and interdependencies across their submarkets influence their responses to entry threats. We adapt a model of capacity deterrence to show that because premium and low-cost incumbents face different demand functions and...

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Bibliographic Details
Main Authors: Ethiraj, S. (Author), Zhou, Y.M (Author)
Format: Article
Language:English
Published: John Wiley and Sons Ltd 2019
Subjects:
Online Access:View Fulltext in Publisher