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Inferring Market Structure from Customer Response to Competing and Complementary Products

Marketing LettersPublished 1 August 2002
Terry Elrod, Gary J. Russell, Allan D. Shocker, Rick L. Andrews, Lynd Bacon, Barry L. Bayus
Citations79
SJR quartileQ1
SJR score2.04
SNIP1.23

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.

Keywords

Business, Management and Accounting