Brand Proliferation is Useless to Deter Entry
Masahiro Ashiya ()
ISER Discussion Paper from Institute of Social and Economic Research, Osaka University
Abstract:
This paper considers an incumbent firm that is faced with a potential entrant in a vertically differentiated market. It demonstrates than an incumbent firm cannot prevent entry through product proliferation because of a commitment problem.
Keywords: MARKET STRUCTURE; OLIGOPOLIES (search for similar items in EconPapers)
JEL-codes: D43 L13 (search for similar items in EconPapers)
Pages: 20 pages
Date: 1999
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Citations: View citations in EconPapers (1)
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Persistent link: https://EconPapers.repec.org/RePEc:dpr:wpaper:0476
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