| Author: | Baum, J. Korn, H. |
| Title: | Competitive dynamics of interfirm rivalry |
| Journal: | Academy of Management Journal
1996 : APR, VOL. 39:2, p. 255-291 |
| Index terms: | MANAGEMENT COMPETITION DYNAMIC MODELS |
| Language: | eng |
| Abstract: | In this study, the authors examined how firm-specific competitive conditions influence firms' patterns of market entry and exit, focusing on two features of firms' competitive conditions: market domain overlap, which measures the potential for competition, and multimarket contact, which measures the potential for mutual forbearance. A dynamic analysis of California commuter airlines from 1979 through 1984 showed that increases in market domain overlap raised airlines' rates of market entry and exit, but increases in multimarket lowered them. |
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