NEW PRODUCT INTRODUCTION UNDER DEMAND UNCERTAINTY IN COMPETITIVE INDUSTRIES

被引:21
作者
CHATTERJEE, R [1 ]
SUGITA, Y [1 ]
机构
[1] UNIV TOKYO,TOKYO 113,JAPAN
关键词
D O I
10.1002/mde.4090110102
中图分类号
F [经济];
学科分类号
02 ;
摘要
A game‐theoretic model is employed to examine the conditions under which firms in a duopoly, faced with a new product introduction opportunity of uncertain profitability (because of uncertainty in demand), choose to enter the market immediately or, alternatively, decide to wait, thereby avoiding the risk of failure. The implications for a firm's strategic behavior are contrasted with situations in which the competitor is believed to be (1) passive, implying that the firm expects to enjoy indefinite monopoly status if it introduces the new product, and (2) committed to a waiting strategy, implying monopoly status for a limited time period, if the new product is successful. Copyright © 1990 John Wiley & Sons, Ltd.
引用
收藏
页码:1 / 12
页数:12
相关论文
共 30 条
[1]  
ABELL DF, 1979, STRATEGIC MARKET PLA
[2]  
BAIN J, 1956, BARRIERS COMPETITION
[3]  
BIGGADIKE RE, 1976, ENTRY STRATEGY PERFO
[4]   THE LAWS OF THE MARKETPLACE AND ROI DYNAMICS [J].
BRANCH, B .
FINANCIAL MANAGEMENT, 1980, 9 (02) :58-65
[5]  
BUZZELL RD, 1975, HARVARD BUS REV, V53, P97
[6]   NEW TECHNOLOGY ADOPTION - INCOMBENT VERSUS ENTRANT [J].
CONRAD, C ;
DUCHATELET, M .
INTERNATIONAL JOURNAL OF INDUSTRIAL ORGANIZATION, 1987, 5 (03) :315-321
[7]   CONSUMPTION EXPERIENCE AND SALES PROMOTION EXPENDITURE [J].
FORNELL, C ;
ROBINSON, WT ;
WERNERFELT, B .
MANAGEMENT SCIENCE, 1985, 31 (09) :1084-1105
[8]  
Gale B. T., 1982, ANTITRUST B, V27, P83
[9]   RIVAL PRECEDENCE AND THE DYNAMICS OF TECHNOLOGY ADOPTION - AN EMPIRICAL-ANALYSIS [J].
HANNAN, TH ;
MCDOWELL, JM .
ECONOMICA, 1987, 54 (214) :155-171
[10]  
HARTLEY R, 1985, MARKETING SUCCESSES