Publication:

Challenging the incumbent: entry in markets with captive consumers and taste heterogeneity

Date

Date

Date
2022
Journal Article
Published version

Citations

Citation copied

Oertel, C., & Schmutzler, A. (2022). Challenging the incumbent: entry in markets with captive consumers and taste heterogeneity. Journal of Economics and Management Strategy, 31, 961–979. https://doi.org/10.1111/jems.12490

Abstract

Abstract

Abstract

We analyze entry of a firm with a new and differentiated product into a market with two properties: An existing incumbent has a captive consumer base, and all consumers have heterogeneous tastes. The interaction between the share of captive consumers and the degree of taste heterogeneity leads to nonmonotone effects of both parameters on entry: The captive share can have an inverse-U relation with entry profits, and higher taste heterogeneity (i.e., less product substitutability) can impede entry in the presence of captive consumers.

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1 since deposited on 2022-06-21
Acq. date: 2025-11-13

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1 since deposited on 2022-06-21
Acq. date: 2025-11-13

Additional indexing

Creators (Authors)

Journal/Series Title

Journal/Series Title

Journal/Series Title

Volume

Volume

Volume
31

Number

Number

Number
4

Page range/Item number

Page range/Item number

Page range/Item number
961

Page end

Page end

Page end
979

Item Type

Item Type

Item Type
Journal Article

Dewey Decimal Classifikation

Dewey Decimal Classifikation

Dewey Decimal Classifikation

Keywords

Management of technology and innovation, strategy and management, economics and econometrics, general business, management and accounting, materials chemistry, economics and econometrics, media technology, forestry

Scope

Scope

Scope
Discipline-based scholarship (basic research)

Language

Language

Language
English

Publication date

Publication date

Publication date
2022-11-01

Date available

Date available

Date available
2022-06-21

Publisher

Publisher

Publisher

ISSN or e-ISSN

ISSN or e-ISSN

ISSN or e-ISSN
1058-6407

Additional Information

Additional Information

Additional Information
Earlier published as ECON Working Paper No. 386: https://www.zora.uzh.ch/id/eprint/203279/

OA Status

OA Status

OA Status
Hybrid

Other Identification Number

Other Identification Number

Other Identification Number
merlin-id:22504

Metrics

Downloads

1 since deposited on 2022-06-21
Acq. date: 2025-11-13

Views

1 since deposited on 2022-06-21
Acq. date: 2025-11-13

Citations

Citation copied

Oertel, C., & Schmutzler, A. (2022). Challenging the incumbent: entry in markets with captive consumers and taste heterogeneity. Journal of Economics and Management Strategy, 31, 961–979. https://doi.org/10.1111/jems.12490

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