“…Motivated by the passage of fair trade legislation, for example, Alderson (1937) authored "A Marketing View of Competition," which contained clear reference to two concepts that were described in his future work (Alderson 1957(Alderson , 1965, namely, organized behavior systems and heterogeneous supply and demand. The notion of product differentiation, its role in pricing and advertising, and its theoretical and practical framework for marketing thought were often addressed (e.g., Canoyer 1942;Hawkins 1940;Knight 1939). Borden (1942b) outlined the principal findings from his seminal study on the economic effects of advertising that appeared concurrently in his landmark book, The Economic Effects of Advertising (1942a).…”