This article deals with the issue of entry into an industry where firms share a collective reputation. First, we show … that free entry is not socially optimal; there is a need for regulation through the imposition of a minimum quality … wisdom, a minimum quality standard should not always be considered as a barrier to entry. …

entry is not socially optimal and we argue that the imposition of a Minimum Quality Standard (MQS) may induce firms to enter …

This article deals with the issue of entry into an industry where firms share a collective reputation. First, we show … that free entry is not socially optimal; there is a need for regulation through the imposition of a minimum quality … wisdom, a minimum quality standard should not always be considered as a barrier to entry …

may foster cooperation through an entry mechanism, which leads to assortative selection of interaction partners, or an …

cooperation through two mechanisms: an entry mechanism, which leads to assortative selection of interaction partners, or an exit … evidence of a positive effect of entry. Assortative selection of interaction partners seems to play a minor role in our setting …

The paper investigates the construction of a low cost airline network by analyzing JetBlue Airways' entry decisions … also affected entry positively. For non-stop entry into a route that has not been served on a non-stop basis before, our … network carriers. Non-stop entry into existing non-stop markets, however, shows that JetBlue concentrated on longer …

by both high entry and high exit rates. …

time effects. All countries display a massive reallocation of resources, with the entry and exit of many firms in all … market contestability. There are also large differences across groups of countries. While entry and exit rates are fairly … similar across industrial countries, post entry performance differs markedly between Europe and the U.S., a potential …