Bromiley, Philip; Papenhausen, Chris; Borchert, Patricia - In: Managerial and Decision Economics 23 (2002) 4-5, pp. 171-186
Strategic management work on competition considers industry segments or industries for the most part. We argue that real competition occurs at much lower levels of aggregation in many industries: what we term the micro-structure of competition. Micro-structures arise from boundedly rational...