Mazzucato, Mariana; Semmler, Willi - In: Journal of Evolutionary Economics 9 (1999) 1, pp. 67-96
Market share instability, during certain stages of the industry life-cycle, has become a stylized fact in the industrial organization literature. In the finance literature, volatility in the form of excess volatility, i.e. the much larger volatility of stock prices than dividends (although stock...