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• W2474103941 startingPage "594" @default.
• W2474103941 abstract "ABSTRACT This article examines the implications of the potential entry of a copycat who produces and sells a copycat (i.e., imitation) product that competes with the incumbent product. By analyzing a two‐period dynamic noncooperative game between these two firms, we identify conditions under which the copycat can gain successful market entry. More importantly, we find that the potential entry of a copycat creates (implicit) pressure for the incumbent to lower its selling price; hence, it improves consumer welfare. Finally, we identify conditions under which the potential entry of a copycat can increase social welfare (i.e., consumer welfare and the profit of both firms)." @default.
• W2474103941 created "2016-07-22" @default.
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• W2474103941 date "2016-06-30" @default.
• W2474103941 modified "2023-10-05" @default.
• W2474103941 title "The Impact of the Potential Entry of Copycats: Entry Conditions, Consumer Welfare, and Social Welfare" @default.
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• W2474103941 doi "https://doi.org/10.1111/deci.12235" @default.
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