| Article ID: | iaor20032686 |
| Country: | United States |
| Volume: | 33 |
| Issue: | 8 |
| Start Page Number: | 669 |
| End Page Number: | 675 |
| Publication Date: | Jun 2002 |
| Journal: | International Journal of Systems Science |
| Authors: | Sengupta J.K. |
| Keywords: | competition |
A dynamic model of hypercompetition is developed through the specification of expansion paths along the cost frontier. The divergence of hypercompetition from the traditional notion of a statically competitive market is emphasized here through such concepts as innovations and access efficiency, externalities and increasing returns to scale and intense rivalry between firms which differ in their dynamic efficiency.