Three-stage entry game: The strategic effects of advertising
This paper analyzes the effects of investment in advertising in the three-stage entry game model with one incumbent and one potential entrant firm. It is shown that if a game theory is applied, under particular conditions, advertising can be used as a strategic weapon in the market entry game. D...
Main Authors: | , , |
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Format: | Article |
Language: | English |
Published: |
University of Belgrade
2011-01-01
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Series: | Yugoslav Journal of Operations Research |
Subjects: | |
Online Access: | http://www.doiserbia.nb.rs/img/doi/0354-0243/2011/0354-02431102163K.pdf |