may foster cooperation through an entry mechanism, which leads to assortative selection of interaction partners, or an … exit mechanism, whereby the opportunity to leave the partnership can be used as a threat against free-riders. We examine … on provision only through the exit mechanism. Assortative selection of interaction partners seems to play a minor role in …

cooperation through two mechanisms: an entry mechanism, which leads to assortative selection of interaction partners, or an exit … that voluntary participation has a positive effect on public good provision through the exit mechanism, but we do not find … evidence of a positive effect of entry. Assortative selection of interaction partners seems to play a minor role in our setting …

dynamics. It features aggregate demand uncertainty, sunk entry costs, stochastic idiosyncratic technological progress, and … irreversible exit. We develop an algorithm for computing a symmetric Markov-perfect equilibrium quickly by finding the fixed points …

dynamics. It features aggregate demand uncertainty, sunk entry costs, stochastic idiosyncratic technological progress, and … irreversible exit. We develop an algorithm for computing a symmetric Markov-perfect equilibrium quickly by finding the fixed points …

duopolists' suboptimal exercise of entry and exit options can dwarf those from indirectly doing so by changing the market … dynamics. It features aggregate uncertainty, sunk entry costs, stochastic idiosyncratic technological progress, and … irreversible exit. We develop a fast algorithm for computing a symmetric Markov-perfect equilibrium that finds the fixed points of …