subsequent entry plays a primary role in generating turbulence in high growth markets, while displacement of incumbents by recent … entrants is the main selection force in declining markets. As product life cycles progress, trial-and-error entry subsides, and … the use of panel data to study the evolution of single product markets. We find that replacement of exiting firms by …

by a major hardware producer for consumer electronics. We observe input prices of firms, and all their moves in the entry …' entry decisions in the past. We find that instrumenting is particularly important for estimating the effect of competition …

by a major hardware producer for consumer electronics. We observe input prices of firms, and all their moves in the entry …' entry decisions in the past. We find that instrumenting is particularly important for estimating the effect of competition …

producer for consumer electronics. We observe input prices of firms, and all their moves in the entry and the pricing game over … number of firms in the market based on the shops' entry decisions on other product markets in the past. We find that …

by a major hardware producer for consumer electronics. We observe input prices of firms, and all their moves in the entry …' entry decisions in the past. We find that instrumenting is particularly important for estimating the effect of competition …

producer for consumer electronics. We observe input prices of firms, and all their moves in the entry and the pricing game over … number of firms in the market based on the shops' entry decisions on other product markets in the past. We find that …

consumer electronics. We observe input prices of firms, and all their moves in the entry and the pricing game. Using this … information for 70 digital cameras, we generate instrumental variables based on the shops' entry decisions in the past. We find …