Excerpt from A Market Share Theorem Marketing mode1 bui1ders frequent1y use re1ationships of the form them) to express the effects of us variab1es on purchase probabi1ity and market share. For examp1e, H1avac and Litt1e [1] hypothesize that the probabi1ity a car buyer wi11 purchase his car at a given dea1er is the ratio of the dea1er's attractiveness (which depends on various dea1er characteristics) to the sum of the same quantities over a11 dea1ers. Urban in his new product mode1 sprinter, makes the sa1es rate of a brand ...
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Excerpt from A Market Share Theorem Marketing mode1 bui1ders frequent1y use re1ationships of the form them) to express the effects of us variab1es on purchase probabi1ity and market share. For examp1e, H1avac and Litt1e [1] hypothesize that the probabi1ity a car buyer wi11 purchase his car at a given dea1er is the ratio of the dea1er's attractiveness (which depends on various dea1er characteristics) to the sum of the same quantities over a11 dea1ers. Urban in his new product mode1 sprinter, makes the sa1es rate of a brand in a store depend on the ratio of a function of certain brand variab1es to the sum of such functions across brands. Kuehn and Weiss [3] make use of them) formu1ations in a marketing game mode1, as does Kot1er [4] in a market simu1ation. Mi11s [5] and Friedman [6] emp1oy mode1s of this form in game-theoretic ana1yses of competition. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at ... This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
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