Compatibility, Business Strategy and Market Structure - a Selective Survey

Harald Wiese
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Harald Wiese: Wirtschaftswissenschaftliche Fakultõt, Universitõt Leipzig, Leipzig, Germany

Homo Oeconomicus, 1997, vol. 14, 283-308

Abstract: Compatibility influences business strategy and market structure and can itself be the outcome of market forces. This survey tries to summarise the field of compatibility with respect to business strategy. Two business strategy questions are the focus of survey. First, what kind of behaviour is effective for entry deterrence? Second, what are the incentives for compatibility or incompatibility? The general underlying mechanism of the models are surveyed without reporting the specific modelling approach chosen by authors. It is found that a rather large number of effects can be identified.

Date: 1997
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Persistent link: https://EconPapers.repec.org/RePEc:hom:homoec:v:14:y:1997:p:283-308

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