Gruca, Thomas S.; Kumar, K. Ravi; Sudharshan, D. - In: Marketing Science 11 (1992) 4, pp. 348-358
We determine the optimal response to competitive entry in a market characterized by a market share attraction model. The response of an incumbent is limited to changes in prices, advertising and distribution expenditures; brand positions are assumed to be fixed. We also assume that the entrant's...