time effects. All countries display a massive reallocation of resources, with the entry and exit of many firms in all … market contestability. There are also large differences across groups of countries. While entry and exit rates are fairly … similar across industrial countries, post entry performance differs markedly between Europe and the U.S., a potential …

by both high entry and high exit rates. …

depart from maximal cost-containment to promote entry. We then analyse the determinants of the optimal policy. While an … increase in risk aversion or in the side effect loss increases diversity and decreases the copayment rate, an increase in entry …

collateralizable housing wealth in a region delays chains’ entry into franchising by 0.28 years on average, 9 percent of the average …

affected by demand fluctuations. Our model gives rise to procyclical entry, prices, and price-cost margins, although the …- or countercyclical if the incumbent is a first mover. Moreover, our results show that entry deterrence by the incumbent …

into an entry barrier, protecting the position of an inefficient incumbent; or that, conversely, they can make it possible …

. Another important determining factor is the Herfindahl–Hirschman Index at the moment of entry: it is significantly easier to …