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

We estimate by means of indirect inference a structural economic model where firms’ exit and investment decisions are … the solution to a discrete-continuous dynamic programming problem. In the model the exit probability depends on the …, and find that both increased short-run profitability and a higher capital stock lowers the exit probability - this effect …

' inflation aversion and exit costs. …

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

, in a fairly general setting in which the likelihood of exit is affected by the degree of cooperation, that the … possibility of exit reduces the optimal degree of initial cooperation. "Full" cooperation will never be optimal, and the optimal … degree of cooperation will never be such as to "squeeze out" any possibility of exit. However, an increase in global …

The vast majority of federations lack exit clauses. Existing theoretical explanations of this stylized fact focus on … that in the case of the EU, an exit-voice logic lies at the basis of Article 50. More generally, in heterogeneous (quasi …-)federations formed through voluntary accession, prospective members may require an exit right in order to join, especially if they will …

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 …