Abstract
Overcapacity, new entrants encouraged by deregulation, and industries with splintered market shares all create market conditions conducive to price wars being experienced, for example, by airlines, banking and telecommunications. Managements, however, trigger price wars when they lack expertise in reducing prices and when they behave as price takers rather than price makers. Once engaged in a price war, companies have tried a variety of both short term and longer run remedies for ending the price cutting.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Preview
Unable to display preview. Download preview PDF.
References
Ames, B. Charles. 1980. “In Tough Times, Profitable Industrial Pricing Demands Policy Plus Enforce” Marketing News (April) 1, 10–11.
Byrne, Harlan S. 1984. “United Air Plans to Boost Prices 3% to 5% Sept. 22” Wall Street Journal (September 10) 2.
Curran, John J. 1984. “Buy Signals From Bad News” Fortune 110-6 (September) 181–182.
Hall, William K. 1980. “Survival Strategies in a Hostile Environment” Harvard Business Review 58-5 (September-October) 75–85.
Koten, John. 1984. “In Airlines Rate War, Small Daily Skirmishes Often Decide Winners” Wall Street Journal (August 24) 1, 8.
Levitt, Theodore. 1980. “Marketing Success Through Differentiation — Of Anything” Harvard Business Review, 58-1 (January-February) 83–91.
Meier, Barry. 1984. “Some Chemical Issues Draw Analyst Warnings As Price Weakness, Import Growth Are Cited” Wall Street Journal (September 12) 63.
Nix, Crystal. 1984. “Price Wars and Overproduction Spur Shakeout in Phone-Making Industry” Wall"Street Journal (August 2) 10.
Porter, Michael E. 1980. Competitive Strategy, New York: The Free Press.
Rotbart, Dean. 1983. “American Air, Its President Get Trust Suit Voided” Wall Street Journal (September 14) 60.
Author information
Authors and Affiliations
Editor information
Editors and Affiliations
Rights and permissions
Copyright information
© 2015 Academy of Marketing Science
About this paper
Cite this paper
Kniffin, F.W. (2015). Price Wars. In: Malhotra, N. (eds) Proceedings of the 1985 Academy of Marketing Science (AMS) Annual Conference. Developments in Marketing Science: Proceedings of the Academy of Marketing Science. Springer, Cham. https://doi.org/10.1007/978-3-319-16943-9_40
Download citation
DOI: https://doi.org/10.1007/978-3-319-16943-9_40
Publisher Name: Springer, Cham
Print ISBN: 978-3-319-16942-2
Online ISBN: 978-3-319-16943-9
eBook Packages: Business and EconomicsBusiness and Management (R0)