Showing 1 - 10 of 12
This paper estimates a dynamic, structural model of entry and exit in an oligopolistic industry and uses it to quantify …. Entry costs faced by potential entrants, fixed costs faced by incumbent producers, and the toughness of short-run price … the dentist industry allow the entry cost to differ for geographic markets that were designated as Health Professional …
Persistent link: https://www.econbiz.de/10010397677
, limited to one entrant per period, or subject to an entry exam. We include two additional treatments that combine the two …
Persistent link: https://www.econbiz.de/10011282460
search costs, plus more general matching and bargaining. This allows us to study many new issues, including entry, efficiency …
Persistent link: https://www.econbiz.de/10011460668
a business does not seem to be an important determinant of entry into entrepreneurship for males, while it seems to be …
Persistent link: https://www.econbiz.de/10010292177
, using a laboratory experiment, the effectiveness of two regularly-employed entry restrictions: entry quotas and entry exams … entry exam. We find both kinds of restrictions improve the efficient integration of entrants, but that there is no …
Persistent link: https://www.econbiz.de/10010316829
We analyze entry of a firm with a new and differentiated product into a market with two properties: An existing … consumers with the degree of taste heterogeneity leads to non-monotone effects of both parameters on entry. In particular, a … higher captive share can support entry when heterogeneity is low but not when it is high, and higher taste heterogeneity (i …
Persistent link: https://www.econbiz.de/10012523362
) frictions in the labor market: frictional firm entry, endogenous product variety, and investment in two assets: stocks and …
Persistent link: https://www.econbiz.de/10012670878
examine both free entry and limited entry (free exit) cases. The model generates clear testable predictions on the probability …
Persistent link: https://www.econbiz.de/10010294858
simple probit models, we quantify the market characteristics which have influenced nonstop LCC entry in 351 city-pair markets … over the past decade. We confirm that pre-entry market density is the single most important factor influencing LCC entry … competition. – Airlines ; Market Entry ; Deregulation …
Persistent link: https://www.econbiz.de/10010318882
This paper analyzes the responses of incumbent hub-and-spoke carriers to low cost carrier (LCC) entry on routes served … hub-and-spoke carriers to LCC entry has been fairly accommodating. Moreover, our analysis also finds-somewhat surprisingly …-that the likelihood of an LCC's entry into a hub market being successful is unrelated to the relative response of the incumbent …
Persistent link: https://www.econbiz.de/10010318943