does not affect exit or growth of newly-founded firms. A model of entrepreneurial choice and complementary survey evidence …

-level uncertainty is characterized by a pecking order: the announcement of a domestic takeover leads to a reduction in the uncertainty …

This paper investigates the effects of mergers on the product mix of multiproduct firms. Thus, we open the black box of … post-merger efficiency improvements to reveal a new margin of adjustment along the product dimension. We analyze horizontal … mergers in a theoretical model where oligopolistic firms employ a flexible manufacturing technology and allocate assets …

composition of assortment. We adopt a difference-in-differences strategy that exploits local variation in the merger’s effects …We study the effect of a merger between two Dutch supermarket chains to assess its effect on the depth as well as …, controlling for selection on observables through a matching procedure when defining our control group. We show that the merger led …

observed distribution of sales. I calibrate the model parameters that determine firm dynamics by looking at the exit rates of a …

In several European merger cases competition authorities have demanded that the merging firm auctions off virtual …

Survey forecasts are prone to entry and exit of forecasters as well as forecasters not contributing every period …

concepts. Then we examine existence of competitive equilibria with free exit and study whether maximal individual power is …

formalizes the underlying interaction of risk, fixed export costs and firms' market entry decisions based on techniques known …