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 …

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

capture evasion of employment protection via market exit in a setting of monopolistic competition. We find that the number of …. -- Employment protection ; evasion ; market entry and exit …

This paper develops a theory of firm selection and growth and embeds it into an international trade framework of … observed distribution of sales. I calibrate the model parameters that determine firm dynamics by looking at the exit rates of a …

We study the dynamics of competition in a model with network effects, an incumbent and entry. We propose a new way of …

We show that competing firms relax overall competition by lowering future barriers to entry. We illustrate our findings …-period profits. This dampens competition for serving the first-period market. …

-dimensional spatial competition model. We develop a new methodology to analyze competition on a torus and show that there is a fundamental …, firms are likely to choose the minimal compatibility to maximize product differentiation and soften competition. This is in …

Envelopment is an effective form of market entry that facilitates competition among platforms. Nevertheless, many …

competition model with entry in which exchanges supply technological services, and have market power. We find that technological … services can be strategic substitutes or complements in platform competition. Free entry of platforms delivers a superior …