determination of the number of producers and products over the business cycle. Economic expansions induce higher entry rates by … prospective entrants subject to irreversible investment costs. The sluggish response of the number of producers (due to sunk entry … decisions, producer entry, and the allocation of labor across sectors. The model performs at least as well as the benchmark real …

entry and product variety in a sticky-price model with monopolistic competition in which price stability would be optimal in … the absence of entry. Specifically, a long-run positive (negative) rate of inflation is optimal when the benefit of …

-returns-to-scale technologies. When providers adopt a not-for-profit mission, the absence of a residual claimant can impede entry, pro- tecting the … core costs can have a non-neutral effect on entry, technology adoption, and industry performance. …

that the entry of care providers increases consumers’ surplus and the welfare of households in a market with differentiated …

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 …

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 …