Resources and market definition: Rethinking the “hypothetical monopolist” from a resource‐based perspective

dc.contributor.authorGUILHERME FOWLER DE AVILA MONTEIRO
dc.contributor.authorFoss, Nicolai
dc.coverage.paisNão Informadopt_BR
dc.creatorFoss, Nicolai
dc.date.accessioned2022-08-25T15:56:11Z
dc.date.available2022-08-25T15:56:11Z
dc.date.issued2017
dc.description.notesTrabalho Completopt_BR
dc.description.otherWe reassess the concept of the hypothetical monopolist as a device for relevant market definition. The hypothetical monopolist test (also known as the Small but Significant Non-transitory Increase in Price test) is a clever, intuitive way of thinking the relevant market in antitrust, and is gaining ground in strategic management. The test, however, implicitly disregards resource characteristics in relevant market delineation, focusing exclusively on demand side substitutability. In reassessing the hypothetical monopolist, we make 2 general contributions to the strategy literature. First, using cooperative game theory, we advance a precise resource-based definition of the hypothetical monopolist. Second, we demonstrate how this definition broadens our conventional understanding on 2 important topics: resource complementarities and disruptive innovations. In doing so, we complement and strengthen the hypothetical monopolist test as a device for management (strategic) and public policy (antitrust) analysis.pt_BR
dc.format.extentp. 346-353pt_BR
dc.format.mediumDigitalpt_BR
dc.identifier.doihttps://doi.org/10.1002/mde.2908pt_BR
dc.identifier.issn1099-1468pt_BR
dc.identifier.issue3pt_BR
dc.identifier.urihttps://repositorio.insper.edu.br/handle/11224/4120
dc.identifier.volume39pt_BR
dc.language.isoInglêspt_BR
dc.publisherWileypt_BR
dc.relation.ispartofManagerial and Decision Economicspt_BR
dc.rights.licenseO INSPER E ESTE REPOSITÓRIO NÃO DETÊM OS DIREITOS DE USO E REPRODUÇÃO DOS CONTEÚDOS AQUI REGISTRADOS. É RESPONSABILIDADE DOS USUÁRIOS INDIVIDUAIS VERIFICAR OS USOS PERMITIDOS NA FONTE ORIGINAL, RESPEITANDO-SE OS DIREITOS DE AUTOR OU EDITORpt_BR
dc.titleResources and market definition: Rethinking the “hypothetical monopolist” from a resource‐based perspectivept_BR
dc.typejournal article
dspace.entity.typePublication
local.identifier.sourceUrihttps://onlinelibrary.wiley.com/doi/10.1002/mde.2908
local.subject.cnpqCiências Exatas e da Terrapt_BR
local.subject.cnpqCiências Sociais Aplicadaspt_BR
local.typeArtigo Científicopt_BR
relation.isAuthorOfPublicationacc91f13-6399-4550-8409-8ada90bdff54
relation.isAuthorOfPublication.latestForDiscoveryacc91f13-6399-4550-8409-8ada90bdff54

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