We model entry by entrepreneurs into new markets in developing economies with regulatory barriers in the form of … licence fees and bureaucratic delay. Because laissez faire leads to 'excessive' entry, a licence fee can increase welfare by … discouraging entry. However, in the presence of a licence fee, bureaucratic delay creates a strategic opportunity, which can result …

We model entry by entrepreneurs into new markets in developing economies with regulatory barriers in the form of … licence fees and bureaucratic delay. Because laissez faire leads to 'excessive' entry, a licence fee can increase welfare by … discouraging entry. However, in the presence of a licence fee, bureaucratic delay creates a strategic opportunity, which can result …

In this paper we study the behavior of rivals when there is a known probability of imminent entry. Experimental markets … are used to collect data on pre- and post-entry production when there is an announced time of possible entry; some markets … experience entry and other do not. In all pre-entry markets competition is more intense. Post-entry behavior in all markets is …

This paper explores an equilibrium model for industry entry dynamics and technological change. We focus on the share …

of commercialization (entry or sale) in network industries showing that high equilibrium acquisition prices are driven by … acquisition relative to entry. A policy enforcing strict compatibility leads to more entry, but can be counterproductive by …