that entry and exit rates are positively correlated across industries. Our objective is to investigate the effect of sunk … costs and, in particular, market size on entry and exit rates. We analyse a stochastic dynamic model of a monopolistically … show existence and uniqueness of a stationary equilibrium with simultaneous entry and exit: efficient firms survive while …

, this being particularly relevant to de novo entrants as compared to entry by established firms. Current size is also found … differences, past growth matters for survival suggesting a partial adjustment process for firm size in the post entry period …. Finally, new plants are more likely to live longer if they enter growing industries or industries with little entry activity. …

We test the effect of entry on the tariff choices of incumbent cellular firms. We relate the change in the breadth of … from personal communications services (PCS) firms. Entry by PCS competitors differed across geographic markets due to the … upgrade their technology from the old analog technology to the new digital technology in markets with more entry, suggesting …

welfare effects of entry into residential local telephone service in New York State using household-level data from September …

In this paper, we evaluate the consumer welfare effects of entry into residential local phone service in New York State … first quarter of 2003. Our results indicate that as a result of entry households that subscribe to one of the entrants … nature of the data, we decompose the households' overall gains from entry and find that benefits due to firm differentiation …

This paper links empirical literature on the use of price as an entry deterring mechanism with literature on the effect … incumbent cable TV firms use price to deter entry by telecom overbuilders as well as cities with municipal utilities. There is … evidence that incumbents use price to deter cable overbuilders. In addition to linking entry deterrence with multi …

We investigate the timing and the valuation of strategic investment aimed at enhancing entry opportunities in related … market segments. As demand is uncertain, entry options should be exercised at the optimal time, trading off the market share … gain against the option to wait until more information is revealed, while anticipating competitors' entry behaviour. When …