Showing 91 - 100 of 1,369
, predatory, and entry deterring behaviour. Ascending and uniform-price auctions are particularly vulnerable to these problems (we …
Persistent link: https://www.econbiz.de/10005114514
asymmetric firms, restructuring, and entry. We show how these welfare effects depend on the initial level of market development …, and restructuring and entry costs. The model generates an endogenous demand for infrastructure investment, and the … simulate the relative welfare effects of reducing transport, restructuring and entry costs, and we evaluate in each case the …
Persistent link: https://www.econbiz.de/10005656176
within a region, explicitly taking into account exit, as well as entry, costs. Protecting workers by having strict lay … influence the entry decision? …
Persistent link: https://www.econbiz.de/10005656365
This paper questions whether competition can replace sector-specific regulation of mobile telecommunications. We show that the monopolistic outcome prevails independently of market concentration when access prices are determined in bilateral negotiations. A light-handed regulatory policy can...
Persistent link: https://www.econbiz.de/10005661431
In an uncertain business climate, multinational enterprises must take account of future exit costs in deciding where to locate a branch plant. We study how differences in national labour-market conditions between countries influence this decision. Other things equal, the most attractive location...
Persistent link: https://www.econbiz.de/10005661807
differs across individual, monopolistically competitive firms in each country. Firms face a sunk entry cost in the domestic … productivity and entry or trade costs induce firms to enter and exit both their domestic and export markets, thus altering the …
Persistent link: https://www.econbiz.de/10005661893
This paper applies a modified version of the `income choice' model to explain variations in new-firm formation across Italian provinces over the period 1985-8. Based on a panel data of start-up activity in 78 Italian provinces and using two different databases, we find support for the overall...
Persistent link: https://www.econbiz.de/10005661973
entry and financial development. Incumbents seek a low level of effective investor protection to prevent potential entrants … higher rents earned with less competition. Entry and investor protection improve when wealth distribution becomes less … countries we find that greater accountability is associated with higher entry in sectors that are more dependent on external …
Persistent link: https://www.econbiz.de/10005662100
Frequently, aspiring entrants have only limited information about their potential rivals’ entry decisions. As a result …, the outcome of the entry game may be that more firms enter than the market can sustain; or, at least, that unnecessary … entry investments are made. We refer to these outcomes as ‘entry mistakes’. We consider two models of non-coordinated entry …
Persistent link: https://www.econbiz.de/10005662244
The health care professions in Europe have been subject to substantial entry and conduct regulation. Most notably … competition through geographic entry restrictions. We develop an entry model to study the direct impact of the regulations on the … representative for many other countries with geographic entry restrictions. We find that the entry decisions of pharmacies and …
Persistent link: https://www.econbiz.de/10005662356