We investigate entry in a dynastic entrepreneurship (overlapping generations) environment created by employee spinoffs …, optimal entry of original firms and all subsequent employee spinoffs is achieved, despite the fact that the original firm can … of these agreements shuts down socially profitable spinoff firms. Non-enforcement sacrifices entry of original firms that …

affected by demand fluctuations. Our model gives rise to procyclical entry, prices, and price-cost margins, although the …- or countercyclical if the incumbent is a first mover. Moreover, our results show that entry deterrence by the incumbent …

We study (energy) markets with dirty incumbents and costly entry by clean producers. For intermediate entry costs, the … market outcome exhibits inefficient production and inefficient entry. A policy mix of three popular regulatory instruments …

The U.S. and EU Merger Guidelines strongly emphasize the relevance of the "ease of entry" argument in merger … evaluations. Up to now, very little is known empirically about how mergers affect entry and exit, and the resulting number of … dominated mergers. Interestingly, we also find that mergers foreclose potential entry in other product markets and reduce the …

into an entry barrier, protecting the position of an inefficient incumbent; or that, conversely, they can make it possible …

In this paper we study the behavior of rivals when there is a known probability of imminent entry. Experimental markets … are used to collect data on pre- and post-entry production when there is an announced time of possible entry; some markets … experience entry and other do not. In all pre-entry markets competition is more intense. Post-entry behavior in all markets is …

This paper explores an equilibrium model for industry entry dynamics and technological change. We focus on the share …

defines an optimal firm size. Changes to the number of firms is subject to adjustment costs, so that the entry dynamics is …