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 …

We test for the distributional effects of regulation and entry in the mobile telecommunications sector in a highly …. Next, we use a demand and supply equilibrium framework to simulate prices and the distribution of welfare without entry and … mobile termination rate regulation. We find that regulation benefits consumers significantly more than entry does, and that …

(greenfield entry) or they can acquire an existing incumbent. In the U.S. cement industry, the comparative advantage (e.g., TFP or … size) of entrants versus incumbents and regulatory entry barriers are important factors that determine the means of … expansion. Using a rich database of the U.S. Census of Manufactures (1963-2002), an entry game is proposed to model this …

This paper develops a model of successive oligopolies with endogenous market entry, allowing for varying degrees of … product differentiation and entry costs in both markets. Our analysis shows that the downstream conditions dominate the …

This paper develops a model of successive oligopolies with endogenous market entry, allowing for varying degrees of … product differentiation and entry costs in both markets. Our analysis shows that the downstream conditions dominate the …

(greenfield entry) or they can acquire an existing incumbent. In the U.S. cement industry, the comparative advantage (e.g., TFP or … size) of entrants versus incumbents and regulatory entry barriers are important factors that determine the means of … expansion. Using a rich database of the U.S. Census of Manufactures (1963-2002), an entry game is proposed to model this …

This paper develops a model of successive oligopolies with endogenous market entry, allowing for varying degrees of … product differentiation and entry costs in both markets. Our analysis shows that the downstream conditions dominate the …

In the paper, I examine free entry in homogeneous product markets and its social efficiency. Previous research on free … entry in homogeneous product markets has shown that under Cournot oligopoly with fixed setup costs the free entry … equilibrium always delivers excessive entry. In contrast, I demonstrate in this paper that free entry along with excessive entry …

This paper presents an experiment to test effects of sequential entry on stability of collusion in oligopoly markets …