Inferring Market Structure from Customer Response to Competing and Complementary Products

Terry Elrod, Gary J. Russell, Allan D. Shocker, Rick L. Andrews, Lynd Bacon, Barry L. Bayus, J. Douglas Caroll, Richard M. Johnson, Wagner A. Kamakura, Peter Lenk, Josef Mazanec, Vithala R. Rao, V. Shankar

Research output: Contribution to journalArticleResearchpeer-review

Abstract

We consider customer influences on market structure, arguing that market structure should explain the extent to which any given set of market offerings are substitutes or complements. We describe recent additions to the market structure analysis literature and identify promising directions for new research in market structure analysis. Impressive advances in data collection, statistical methodology and information technology provide unique opportunities for researchers to build market structure tools that can assist “real-time” marketing decision-making.
Original languageEnglish
Pages (from-to)221-232
JournalMarketing Letters
Volume13
Issue number3
Publication statusPublished - 2002

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