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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. …
Persistent link: https://www.econbiz.de/10010270951
evidence. Without offsetting tax increases the legislation will plausibly reduce prices but significant entry into the industry …
Persistent link: https://www.econbiz.de/10010576066
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 …
Persistent link: https://www.econbiz.de/10014220659
may foster cooperation through an entry mechanism, which leads to assortative selection of interaction partners, or an …
Persistent link: https://www.econbiz.de/10011434271
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 …
Persistent link: https://www.econbiz.de/10010504597
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 …
Persistent link: https://www.econbiz.de/10010306005
by both high entry and high exit rates. …
Persistent link: https://www.econbiz.de/10010324941
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 …
Persistent link: https://www.econbiz.de/10010325332
Where markets are insufficiently competitive, governments can intervene by auctioninglicenses to operate or by forcing divestitures. The Dutch government has doneexactly that, organizing auctions to redistribute tenancy rights for highway gasolinestations and forcing the divestiture of outlets...
Persistent link: https://www.econbiz.de/10010325890
meets entrants that enter one of the markets. We find that entry can enhance the total R&D expenditure of the incumbent firm …. That is, entry can stimulate R&D effort. Moreover, the incumbent's profit nonmonotonically changes as the number of … entrants increases. Depending on the fixed entry costs and R&D technologies, both insufficient and excess entry can appear. …
Persistent link: https://www.econbiz.de/10010332451