Butter, Frank A.G. den; Gameren, Edwin van; Kok, Jan M.P. de - VU University Amsterdam, Faculty of Economics, Business … - 2001
Differences in optimal firm size may only be explained by heterogeneity amongst enterprises and the markets in which they operate. Therefore, the concept of the rep-resentative enterprise from the traditional theory of the firm is not helpful in explaining size differences. Differences in firm...
