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Author:Miller, D.
Chen, M.
Title:Sources and consequences of competitive inertia: a study of the U.S. airline industry
Journal:Administrative Science Quarterly
1994 : MAR, VOL. 39:1, p. 1-23
Index terms:COMPETITION
USA
AIRLINES
Language:eng
Abstract:This paper investigates the causes and consequences of competitive inertia in the U.S. airline industry. Competitive inertia is definedas the level of activity that a firm exhibits when altering its competitive stance in areas such as pricing, advertising, new product or service introductions, and market scope. Inertia is argued to be driven by managers' incentives to act, their awareness of action alternatives, and the constraints on their capacity to act.
SCIMA record nr: 115012
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