Multiple interactive competition among multiproduct firms: Theoretical and empirical analysis

This research attempts to observe competitive behaviors in a multiple reaction-multimarket setting. Competition is treated as the game of exerting price and product decision variables in several markets. The products sold in the markets are partial substitutes for each other. The interaction between a firm and its rivals is represented by a set of price and product conjectures, which represents the firm's belief about rivals' responses against its decision changes. The U.S. automobile industry is used to examine the interaction. By estimating the competitive conjectures, diverse patterns of competition are found among the U.S. automobile producers. In general, firms are more cooperative in price games than in product games and more cooperative in highly profitable markets than in less profitable markets. Market share is found to have effect on within-market price conjectures but no effect on product conjectures.

Name thesis:degree_name

Ph.D.

Level thesis:degree_level

Dissertation

Discipline thesis:degree_discipline

Business Administration

Grantor

University of Illinois at Urbana-Champaign

Year dc:date

2011

Author dc:creator

• Hong, Min-Chow

Contributors dc:contributor

• Roberts, Donald M.

• Education, Business

Statement dc:rights

• Copyright 1989 Hong, Min-Chow

Language dc:language

eng

Identifier

AAI8924839
(UMI)AAI8924839

OAI identifier oai:identifier

oai:www.ideals.illinois.edu:2142/19411