Journal of Japan Industrial Management Association
Online ISSN : 2432-9983
Print ISSN : 0386-4812
Marketing Structure Analysis and Price Selection : of New Brand
Ikuo ARIZONOHiroshi OHTAShigeo KASE
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1984 Volume 35 Issue 1 Pages 36-43

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Abstract
The concept of maximum entropy has been applied to specify the probabilistic model of consumer purchase behavior. This paper is concerned with the marketing structure analysis based on entropy model when a new brand has come into the existing two-brand market. A comparison between the proposed model and the initial three-brand model is attempted based on their marketing structures. An optimal price selection which realizes a maximum sale is also discussed.
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© 1984 Japan Industrial Management Association
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