We study the effect of entry on the price distribution in the German retail gasoline market. Exploiting more than 700 … entries over five years in an event study design, we find that entry causes a persistent first-order stochastic shift in the … to 12% of stations' gross margins. Consumers with easy access to information on prices gain the most from entry. The …

We develop a model in which ex ante identical firms make endogenous entry and technology adoption decisions. We show … that this model is capable of matching the stylized facts in which entry and adoption are dispersed over time and that, in … occur and show that leapfrogging can induce reverse preemption (i.e., forward-looking incumbent firms delaying entry and …

noninvesting firms. In each period, one investor can acquire a small firm, the other investor decides about market entry. After …

The paper inquires whether a public eco-label mitigatesadverse selection, where an ecologically superior (green …) product variant is underprovided. A model, integrating entry into a perfectly competitive, vertically differentiated industry …

determinants of route entry for both providers. Applying survival models, we find that both companies show an increased probability … increased entry probability independent of the presence of a competitor. …

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 …

different structural changes between countries to separate the respective effects. Our results show that the effect of entry … lead to misleading conclusions. We find no robust evidence that entry has a price-decreasing effect on markets with … originally 2 operators. However, the entry of a 4th operator does have a price-decreasing effect, but with different dynamics …

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 …