This paper estimates a dynamic, structural model of entry and exit in an oligopolistic industry and uses it to quantify …. Entry costs faced by potential entrants, fixed costs faced by incumbent producers, and the toughness of short-run price … competition are all found to be important determinants of long-run firm values, firm turnover, and market structure. Estimates for …

Market structure is determined by the entry and exit decisions of individual producers. These decisions are driven by … dynamic, structural model of entry and exit in an oligopolistic industry and use it to quantify the determinants of market … expectations of future profits which, in turn, depend on the nature of competition within the market. In this paper we estimate a …

Market structure is determined by the entry and exit decisions of individual producers. These decisions are driven by … dynamic, structural model of entry and exit in an oligopolistic industry and use it to quantify the determinants of market … expectations of future profits which, in turn, depend on the nature of competition within the market. In this paper we estimate a …

This paper estimates a dynamic, structural model of entry and exit in an oligopolistic industry and uses it to quantify …. Entry costs faced by potential entrants, fixed costs faced by incumbent producers, and the toughness of short-run price … competition are all found to be important determinants of long-run firm values, firm turnover, and market structure. Estimates for …

evaluations. Up to now, very little is known empirically about how mergers affect entry and exit, and the resulting number of …The U.S. and EU Merger Guidelines strongly emphasize the relevance of the "ease of entry" argument in merger … dominated mergers. Interestingly, we also find that mergers foreclose potential entry in other product markets and reduce the …

This paper investigates the effects of mergers, entry, and exit in retail markets when input prices are negotiated … forms of demand and retail competition. Whether countervailing buyer power arises, in the form of lower negotiated prices …

of demand and retail competition. Whether countervailing buyer power arises, in the form of lower negotiated prices …

In this paper, we provide a very simple model to shed light on the issue of managed competition in mixed quasi … the proÖt-oriented Örm. Secondly, the socially-preferable form of managed competition is to introduce coproduction …

We use a dynamic oligopoly model of entry and exit with store-type differentiation to evaluate how entry regulations … show that welfare increases when competition is enhanced by lower entry costs. Protecting small stores by imposing … regulations for the welfare of differentiated product industries with endogenous entry and exit …