Chen, Yuxin; Joshi, Yogesh V.; Raju, Jagmohan S.; … - In: Marketing Science 28 (2009) 1, pp. 1-19
In mature markets with competing firms, a common role for advertising is to shift consumer preferences towards the advertiser in a tug-of-war, with no effect on category demand. In this paper, we analyze the effect of such “combative” advertising on market power. We show that, depending on...