Incumbent and Entrant Rivalry in a Deregulated Industry

Published Online:https://doi.org/10.1287/orsc.1070.0262

References

  • Anderson P., Tushman M. L. Technological discontinuities and dominant designs: A cyclical model of technological change. Admin. Sci. Quart. (1990) 35:604–633CrossrefGoogle Scholar
  • Argote L.Organizational Learning: Creating, Retaining and Transferring Knowledge (1999) (Kluwer, Norwell, MA) Google Scholar
  • Baker J. A. Measures of effectiveness for LTL motor carriers. Transportation J. (1989) Winter):47–53Google Scholar
  • Barnett W. P. The dynamics of competitive intensity. Admin. Sci. Quart. (1997) 42:128–160CrossrefGoogle Scholar
  • Barnett W. P., Amburgey T. L., Singh J. Do larger organizations generate stronger competition? Organizational Evolution: New Directions (1990) (Sage Publications, Thousand Oaks, CA) Google Scholar
  • Barnett W. P., Hansen M. Y. The red queen in organizational evolution. Strategic Management J. (1996) 17:139–158CrossrefGoogle Scholar
  • Barron D. N., West E., Hannan M. T. A time to grow and a time to die: Growth and mortality in credit unions in New York City, 1914–1990. Amer. J. Sociol. (1994) 100:381–421CrossrefGoogle Scholar
  • Baum J. A. C., Clegg Stewart R., Hardy Cynthia, Nord Walter. Organizational ecology. Handbook of Organization Studies (1996) (Sage, London, UK) 77–114Google Scholar
  • Baum J. A. C., Mezias S. Localized competition and the dynamics of organizational failure in the Manahattan hotel industry. Admin. Sci. Quart. (1992) 37:580–604CrossrefGoogle Scholar
  • Baum J. A. C., Mezias S. Competition, institutional linkages, and organizational growth. Soc. Sci. Res. (1993) 22:131–164CrossrefGoogle Scholar
  • Baum J. A. C., Oliver C. Institutional embeddedness and the dynamics of organizational populations. Amer. Sociology Rev. (1991) 57:540–559CrossrefGoogle Scholar
  • Baum J. A. C., Singh J.Evolutionary Dynamics of Organizations (1994) (Oxford University Press, New York) Google Scholar
  • Belsley D. A., Kuh E., Welsh R. E.Regression Diagnostics: Identifying Influential Data and Sources of Collinearity (1980) (John Wiley and Sons, New York) CrossrefGoogle Scholar
  • Boyer K. D. Deregulation of the trucking sector: Specialization, concentration, entry and financial distress. Southern Econom. J. (1993) 59:481–495CrossrefGoogle Scholar
  • Carroll G. R., Hannan M. T.The Demography of Corporations and Industries (2000) (Princeton University Press, Princeton, NJ) CrossrefGoogle Scholar
  • Carroll G. R., Teo A. C. Y. How regulation and globalization affected organizational legitimation and competition among commercial banks in Singapore, 1840–1994. Annual Academy of Management Meetings (1998) San Diego, CAGoogle Scholar
  • Carroll G. R., Wade J. Density dependence in the organizational evolution of the American brewing industry across different levels of analysis. Soc. Sci. Res. (1991) 20:271–302CrossrefGoogle Scholar
  • Carroll G. R., Bigelow L. S., Seidel M.-D. L., Tsai L. B. The fates of de novo and de alio producers in the American automobile industry, 1885–1981. Strategic Management J. (1996) 17:117–137CrossrefGoogle Scholar
  • Corsi T. M., Stowers J. R. Effects of a deregulated environment on motor carriers: A systematic, multi-segment analysis. Transportation J. (1991) 23(Spring):4–28Google Scholar
  • Derthick M., Quirk P. J.The Politics of Deregulation (1985) (The Brookings Institution, Washington, D.C.) Google Scholar
  • DiMaggio P. J., Powell W. W. The iron cage revisited: Institutional isomorphism and collective rationality in organizational fields. Amer. Sociol. Rev. (1983) 48:147–160CrossrefGoogle Scholar
  • Easterlin R. A.Birth and Fortune: The Impact of Numbers on Personal Welfare (1987) 2nd ed.(University of Chicago Press, Chicago, IL) Google Scholar
  • Fox-Wolfgramm S. J., Boal K. B., Hunt J. G. Organizational adaptation to institutional change: A comparative study of first-order change in prospector and defender banks. Admin. Sci. Quart. (1998) 43(1):58–86CrossrefGoogle Scholar
  • GAO (U.S. Government Accounting Office) Price competition and market structure in the trucking industry. (1987) (Washington, D.C.)Google Scholar
  • Guo G. Event-history analysis for left-truncated data. Sociol. Methodology (1993) 217–243CrossrefGoogle Scholar
  • Hannan M. T. Rethinking age dependence in organizational mortality: Logical formalizations. Amer. J. Sociology (1998) 104(1):126–164CrossrefGoogle Scholar
  • Hannan M. T., Carroll G. R.Dynamics of Organizational Populations: Density, Legitimation, and Competition (1992) (Oxford University Press, New York) CrossrefGoogle Scholar
  • Hannan M. T., Freeman J. The population ecology of organizations. Amer. J. Sociology (1977) 82:929–964CrossrefGoogle Scholar
  • Hannan M. T., Freeman J. Structural inertia and organizational change. Amer. Sociology Rev. (1984) 49:149–164CrossrefGoogle Scholar
  • Hannan M. T., Ranger-Moore J. The ecology of organizational size distributions: A microsimulation approach. J. Math. Sociol. (1990) 15:65–89CrossrefGoogle Scholar
  • Hannan M. T., Ranger-Moore J., Banaszak-Holl J., Singh J. V. Competition and the evolution of organizational size distributions. Organizational Evolution: New Directions (1990) (Sage, Newbury Park, CA) 246–268Google Scholar
  • Hannan M. T., Carroll G. R., Dobrev S. D., Han J. Organizational mortality American and European automobile industries, Part I: Revisiting the effects of age and size. Eur. Sociol. Rev. (1998) 14:279–302CrossrefGoogle Scholar
  • Haveman H. A. Organizational size and change: Diversification in the savings and loan industry after deregulation. Admin. Sci. Quart. (1993) 38:20–50CrossrefGoogle Scholar
  • Haveman H. A., Rao H. Structuring a theory of moral sentiments: Institutional and organizational coevolution in the early thrift industry. Amer. J. Sociology (1997) 102(6):1606–1651CrossrefGoogle Scholar
  • Haveman H. A., Russo M., Meyer A. D. Organizational environments in flux: The impact of regulatory punctuations on organizational domains, CEO succession, and performance. Organ. Sci. (2001) 12:253–273LinkGoogle Scholar
  • Ingram P., Baum J. A. C. Opportunity and constraint: Organizations’ learning from the operating and competitive experience of industries. Strategic Management J. (1997) 18:75–98CrossrefGoogle Scholar
  • Johnson J. C., Schneider K. C. A decade after the 1980 motor carrier act: Trucking company CEOs discuss surprises and speculations. Transportation Quart. (1990) 44(3):343–362Google Scholar
  • Kelly D., Amburgey T. L. Organizational inertia and momentum: A dynamic model of strategic change. Acad. Management J. (1991) 34:591–612CrossrefGoogle Scholar
  • Klepper S. The capabilities of new firms and the evolution of the US automobile industry. Indust. Corporate Change (2002a) 11:645–666CrossrefGoogle Scholar
  • Klepper S. Firm survival and the evolution of oligopoly. RAND J. Econom. (2002b) 33(1):37–61CrossrefGoogle Scholar
  • Klepper S., Graddy E. The evolution of new industries and the determinants of market structure. RAND J. Econom. (1990) 21:27–44CrossrefGoogle Scholar
  • Klepper S., Simon K. L. Dominance by birthright: Entry of prior producers and competitive ramifications in the U.S. television receiver industry. Strategic Management J. (2000) 21:997–1016CrossrefGoogle Scholar
  • Knoke D., Hout M. Social and demographic factors in American party affiliations, 1952–1972. Amer. Sociology Rev. (1974) 39:700–713CrossrefGoogle Scholar
  • Kraatz M. S., Zajac E. J. Exploring the limits of the new institutionalism: The causes and consequences of illegitimate organizational change. Amer. Sociology Rev. (1996) 61:812–836CrossrefGoogle Scholar
  • Leone Robert A.Who Profits: Winners, Losers, and Government Regulation (1986) (Basic Books, New York) Google Scholar
  • Levinthal D. A., March J. The myopia of learning. Strategic Management J. (1993) 14:95–112CrossrefGoogle Scholar
  • Lippman S. A., Rumelt R. P. Uncertain imitability: An analysis of interfirm differences in efficiency under competition. Bell J. Econom. (1982) 13:418–438CrossrefGoogle Scholar
  • Madsen T. L., Walker G. The evolution of heterogeneity in performance. Acad. Management Best Papers Proc. (2002) (Academy of Management, BPS) V1–V6Google Scholar
  • Madsen T. L., Walker G. Adaptation to deregulation. 2001 Acad. Management Meetings (2003) Washington, D.C.(August)Google Scholar
  • Makadok R., Walker G. Search and selection in the money market fund industry. Strategic Management J. (1996) 17:39–54CrossrefGoogle Scholar
  • March J. G. Exploration and exploitation in organizational learning. Organ. Sci. (1991) 2:71–87LinkGoogle Scholar
  • McGahan A. M., Kou J. The U.S. airline industry in 1995. (1995) . Case study 9-795-113, Harvard Business School Press, Boston, MA.Google Scholar
  • Meyer A. D., Brooks G. R., Goes J. B. Environmental jolts and industry evolution: Organizational responses to discontinuous change. Strategic Management J. (1990) 11:93–110Google Scholar
  • Meyer J. W., Rowan B. Institutionalized organizations: Formal structure as myth and ceremony. Amer. J. Sociol. (1977) 83:340–363CrossrefGoogle Scholar
  • Meyer J. W., Scott R.Organizational Environments: Ritual and Rationality (1983) (Sage, Beverly Hills, CA) Google Scholar
  • Miller D., Chen M. Sources and consequences of competitive inertia: A study of the U.S. airline industry. Admin. Sci. Quart. (1994) 39:1–23CrossrefGoogle Scholar
  • Mitchell W. Dual clocks: Entry order influences on incumbent and newcomer market share and survival when specialized assets retain their value. Strategic Management J. (1991) 12:85–100CrossrefGoogle Scholar
  • Nickerson J. A., Silverman B. S. Why firms want to organize efficiently and what keeps them from doing so: Evidence from the for-hire trucking industry. Admin. Sci. Quart. (2003) 48:433–465CrossrefGoogle Scholar
  • North D. C.Institutions, Institutional Change and Economic Performance (1990) (Cambridge University Press, New York) CrossrefGoogle Scholar
  • O’Brien R. M., Stockard J., Isaacson L. The enduring effects of cohort characteristics on age-specific homicide rates, 1960–1995. Amer. J. Sociology (1999) 104:1061–1095CrossrefGoogle Scholar
  • Organisation for Economic Cooperation and Development (OECD)Road Transport Research: Advanced Logistics and Road Freight Transport (1992) (OECD, Paris, France.) Google Scholar
  • Porac J. F., Thomas H., Wilson F., Paton D., Kanfer A. Rivalry and the industry model of Scottish knitwear producers. Admin. Sci. Quart. (1995) 40:203–227CrossrefGoogle Scholar
  • Rakowski J. P. Marketing myopia meets marketing economies: Unexpected results of U.S. airline and trucking deregulation. Transportation Quart. (1990) 44(4):499–516Google Scholar
  • Ranger-Moore J., Breckenridge R. S., Jones D. L. Patterns of growth and size-localized competition in the New York State life insurance industry, 1860–1985. Soc. Forces (1995) 73:1027–1049CrossrefGoogle Scholar
  • Russo M. V. Institutions, exchange relations, and the emergence of new fields: Regulatory policies and independent power production in America, 1978–1992. Admin. Sci. Quart. (2001) 46:57–86CrossrefGoogle Scholar
  • Ryder N. B. The cohort as a concept in the study of social change. Amer. Sociology Rev. (1965) 30:843–861CrossrefGoogle Scholar
  • Scott W. R.Institutions and Organizations (1995) (Sage Publication, Thousand Oaks, CA) Google Scholar
  • Selznick P.TVA and the Grassroots (1949) (University of California Press, Berkeley, CA) Google Scholar
  • Silverman B. S., Nickerson J. A., Freeman J. Profitability, transactional alignment, and organizational mortality in the U.S. trucking industry. Strategic Management J. (1997) 18:31–52CrossrefGoogle Scholar
  • Stinchcombe A. L., March J. G. Social structure and organizations. Handbook of Organizations (1965) (Rand McNally, Skokie, IL) 153–193Google Scholar
  • Tuma N. B., Hannan M. T.Social Dynamics: Models and Methods (1984) (Academic Press, Orlando, FL) Google Scholar
  • Tye W. B.Encouraging Cooperation among Competitors (1987) (Quorum Books, New York) Google Scholar
  • Walker G., Madsen T. L., Carini G. How does institutional change affect heterogeneity in performance among firms? Strategic Management J. (2002) 23(2):89–104CrossrefGoogle Scholar
  • Walsh J. P., Ungson G. Organizational memory. Acad. Management Rev. (1991) 16:57–91CrossrefGoogle Scholar
  • Winston C. U.S. industry adjustment to economic deregulation. J. Econom. Perspect. (1998) 12(3):89–110CrossrefGoogle Scholar
  • Ying J. S., Keeler T. E. Pricing in a deregulated environment: The motor carrier experience. RAND J. Econom. (1991) 22:264–273CrossrefGoogle Scholar
  • Zingales L. Survival of the fittest or the fattest? Exit and financing in the trucking industry. J. Finance (1998) 53:27–64CrossrefGoogle Scholar
  • Zucker L. The role of institutionalization in cultural persistence. Amer. Sociology Rev. (1977) 42:726–743CrossrefGoogle Scholar
INFORMS site uses cookies to store information on your computer. Some are essential to make our site work; Others help us improve the user experience. By using this site, you consent to the placement of these cookies. Please read our Privacy Statement to learn more.