Showing 1 - 10 of 425
Problem Definition:Mobile communications technologies and online platforms have enabled large-scale consumer-to-consumer (C2C) sharing of their under-utilized products. This paper studies a manufacturer's optimal entry strategy in the product-sharing market and the economic implications of its...
Persistent link: https://www.econbiz.de/10012851534
Market share objectives are prominent in many industries, especially where man-agers pay much attention to league table rankings. This paper explores the strategicrationale for giving managers incentives based on market share in an oligopoly com-peting in strategic substitutes. Moreover, the...
Persistent link: https://www.econbiz.de/10005870185
This study investigates the impact of the timing of manufacturers' market entry to an online market on the performances of all the firms in a supply chain. It considers a multi-echelon supply chain which consists of two manufacturers, who sell differentiated products and compete with each other,...
Persistent link: https://www.econbiz.de/10012837023
I analyze two opposing effects of firm dynamics on productivity over the business cycle. Consider net exit, on the one hand it reallocates resources to incumbents whose productivity improves through scale economies, on the other hand it reduces the competitive pressure incumbents face which...
Persistent link: https://www.econbiz.de/10011717059
Slow firm entry over the business cycle causes measured TFP to vary endogenously because incumbent firms bear shocks. Our main theorem states that imperfect competition and dynamic firm entry are necessary and sufficient conditions for these endogenous productivity fluctuations. The result...
Persistent link: https://www.econbiz.de/10011758936
This paper presents an equation of the dynamic path of prices in a monopolistically competitive market in which firms sell to both old and new customers. Both types are able to search for the lowest price, given search costs, where the expected number of searches is given by the inverse of the...
Persistent link: https://www.econbiz.de/10013403841
The paper intends to study the relationship between firm size and growth, effects of entry-deterrent-strategies (EDS) on firms’ size distribution (FSD) and determining factors of inequality of firm sizes. One approach is the ‘Law of Proportionate Effect’ (LPE) hypothesis by Gibrat (1931),...
Persistent link: https://www.econbiz.de/10014043910
are well approximated by fat-tailed, tent-shaped (Laplace) densities. We also study the evolution of growth …
Persistent link: https://www.econbiz.de/10010328431
This paper investigates the effects of Greece's European Union (EU) accession and European Economic and Monetary Union (EMU) entry, as well as R&D intensity and industry concentration on job creation and job destruction in the Greek manufacturing sector. The study is based on firm-level economic...
Persistent link: https://www.econbiz.de/10009009826
This paper studies the impact of size on labor cost and productivity for Italian manufacturing firms. The distributions of both labor cost and productivity display a wide support, even when disaggregated by sector of industrial activity. Further, both labor cost and productivity, when considered...
Persistent link: https://www.econbiz.de/10009702303