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...
Main Authors: | , |
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Format: | Article |
Language: | English |
Published: |
John Wiley and Sons Ltd
2019
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Subjects: | |
Online Access: | View Fulltext in Publisher |