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Competitive Response

  • Joel S. Demski

Abstract

We conclude our study of the accounting side of decision making by introducing the possibility of competitive response, or strategic encounter. Adding a product to our product line may affect one or more competitors and may evoke a response. For example, they may decide to cede the new product’s market to us or they may retaliate with vigor. Extensive investment in R&D may scare off potential competitors. Access to proprietary technology may give us a cost advantage.

Keywords

Private Information Demand Curve Price Discrimination Expected Profit Cost Curve 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© Kluwer Academic Publishers 1997

Authors and Affiliations

  • Joel S. Demski
    • 1
  1. 1.School of Organization and ManagementYale UniversityUSA

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