Strategic Implications of Market Share Attraction Models
Aneel Karnani
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Aneel Karnani: Graduate School of Business Administration, The University of Michigan, Ann Arbor, Michigan 48109
Management Science, 1985, vol. 31, issue 5, 536-547
Abstract:
Market share attraction models, which specify that a firm's market share is equal to the ratio of its "attraction" to the total attraction for all firms, have received increasing attention in recent years. However, there has been little research investigating the practical implications of such models. This paper presents a game-theoretic analysis of such a model and deduces the strategic implications of a Nash equilibrium solution to the model. It is shown that these implications are consistent with previous empirical research in marketing and business policy.
Keywords: marketing:; planning/games:; group; decisions (search for similar items in EconPapers)
Date: 1985
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Persistent link: https://EconPapers.repec.org/RePEc:inm:ormnsc:v:31:y:1985:i:5:p:536-547
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