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Author:Moore, M.
Urbany, J.
Title:Blinders, fuzzy lenses, and the wrong shoes: pitfalls in competitive conjecture
Journal:Marketing Letters
1994 : JUL, VOL. 5:3, p. 247-258
Index terms:MARKETING
DECISION MAKING
ALLIANCES
Language:eng
Abstract:This paper examines the puzzle of why marketing strategies often appear to insufficiently account for competitors' likely reactions when choosing their own actions. The authors examine and define the concept of competitive conjecture and consider how, in a descriptive sense , it should influence marketing decisions. The authors also explore a series of cognitive and motivational biases that may explain managers' tendency toward incomplete or incorrect conjectures about competitors.
SCIMA record nr: 115751
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