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 …

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 … the dentist industry allow the entry cost to differ for geographic markets that were designated as Health Professional …

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 … the dentist industry allow the entry cost to differ for geographic markets that were designated as Health Professional …

We use a dynamic oligopoly model of entry and exit to evaluate how entry regulations affect profitability and market … stores in Sweden, we find that the average entry costs for small and large stores are 10 and 18 percent lower, respectively …, in markets with liberal compared with restrictive regulations. Counterfactual simulations show that lower entry costs in …

We study patterns of entry and exit in the German interurban bus industry in the first three years after its … German cities - with the intensity of entry being dependent on the number of inhabitants, average income, the share of under …

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 …

By studying the effect of different patterns of demand in an evolutionary selection model this paper shows how product … differentiation reduces competitive selection pressure and thus increases the chances for the coexistence of firms. With the example …

By studying the effect of different patterns of demand in an evolutionary selection model this paper shows how product … differentiation reduces competitive selection pressure and thus increases the chances for the coexistence of firms. With the example …