Determinants of competitive intensity: substitutability and pricing policy

Paul Cocioc

MPRA Paper from University Library of Munich, Germany

Abstract: The article offer a critical perspective of several elements and some associated indicators used in characterizing and estimating the intensity of competition (i.e., the extent to which the mutual pressure of rivals is exerted on the market). We focus on the pricing policies of the firms and its impact and expected responses from competitors. Influences of substitutes and overall production capacity surplus are also analyzed.

Keywords: competition; competitive intensity; imperfect competition; price signals (search for similar items in EconPapers)
JEL-codes: D40 D43 L11 L13 L41 (search for similar items in EconPapers)
Date: 2021-01-27, Revised 2021-04-13
New Economics Papers: this item is included in nep-com and nep-ind
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Published in Review of Economic Studies and Research Virgil Madgearu 1.14(2021): pp. 5-16

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