publication . Article . 2017

STRATEGIC ENTRY DETERRENCE MODELING: LITERATURE REVIEW

D. A. Seliverstov;
Open Access English
  • Published: 01 Nov 2017 Journal: Vestnik MGIMO-Universiteta (issn: 2071-8160, eissn: 2541-9099, Copyright policy)
  • Publisher: MGIMO University Press
Abstract
The prime focus in this article is on key findings concerning theoretical aspects of strategic behavior by incumbents to deter market entry of new firms. The author summarizes main lines of scientific research in the topic which give an insight into the patterns of the incumbent’s impact on the behavior of the entrants, the entry deterrence instruments and the consequences of these actions.Today the free entry markets are considered to be a rare phenomenon. The market entry of new firms is associated with significant entry costs, which allow the incumbents to take advantage of their dominant position and derive positive economic profits. In case of entry threat ...
Subjects
free text keywords: strategic behavior, market entry, entry deterrence, limit output, entry barriers, sunk costs, competition, two-stage games, entrant, incumbent firm, International relations, JZ2-6530
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