Moretto, Michele; Rossini, Gianpaolo - Fondazione ENI Enrico Mattei (FEEM) - 2007
affinities with conventional profit maximizing firms. To prove this, we compare the entry policies of WEs and conventional firms … when they can decide size at entry while having to stick to it afterwards. Even though short run differences remain, a long … run coincidence appears besides that under certainty. Endogenizing size and time of entry in an uncertain dynamic …