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Small is Successful!? A Study of Exit Behavior in a Declining Markets Experiment

Erlei, Mathias; Springmann, Jens-Peter - 2006

This paper provides experimental evidence on exit behavior of asymmetrically sized firms in a duopoly with declining …

Persistent link: https://www.econbiz.de/10010481553

Small is successful!? : a study of exit behavior in a declining markets experiment

Erlei, Mathias; Springmann, Jens-Peter - 2006 - Draft: December 2006

This paper provides experimental evidence on exit behavior of asymmetrically sized firms in a duopoly with declining …

Persistent link: https://www.econbiz.de/10010481423

Promise, trust and betrayal: costs of breaching an implicit contract

Levy, Daniel C.; Young, Andrew T. - 2020 - Last revision: November 20, 2020

original beverage. Using the Hirschman's (1970) model of Exit, Voice, and Loyalty, we argue that the public outcry that …

Persistent link: https://www.econbiz.de/10012319210

Taken by Storm: Business Financing, Survival, and Contagion in the Aftermath of Hurricane Katrina

Basker, Emek; Miranda, Javier - Economics Department, University of Missouri - 2014

in the aftermath of a capital-destruction shock. We find very high exit rates for businesses that incurred physical …

Persistent link: https://www.econbiz.de/10010940477

The State Aid Game

Martin, Stephen; Valbonesi, Paola - Dipartimento di Scienze Economiche "Marco Fanno", … - 2006

We present a model of the impact of state aid on equilibrium market structure and on market performance in an integrating market when the process of integration is driven by consumer inertia. In a partial equilibrium model, it is an equilibrium for governments to grant state aid, even though...

Persistent link: https://www.econbiz.de/10005786749

The drivers and implications of business divestiture: An application and extension of prior findings

Decker, Carolin; Mellewigt, Thomas - 2007

business exit, otherwise it is a status quopreserving business exit. The motives for divestiture specified in prior studies are … choice between strategic and status quo-preserving business exit with secondary data on 213 divestitures during 1999 … firm financial performance is a stronger predictor of strategic business exit than corporate strategy. …

Persistent link: https://www.econbiz.de/10010263702

Legal Form, Growth and Exit of West German Firms - Empirical Results for Manufacturing, Construction, Trade and Service Industries

Harhoff, Dietmar; Stahl, Konrad; Woywode, Michael - C.E.P.R. Discussion Papers - 1996

In this paper we discuss determinants of firm survival and growth in Germany within its pre-1989 boundaries. We argue that the legal form adopted by a firm is an important indicator of the riskiness of projects undertaken, and that firms under limited liability should be characterized by higher...

Persistent link: https://www.econbiz.de/10005136761

The Pre-Producers

Jovanovic, Boyan - Society for Economic Dynamics - SED - 2004

special kind of entry cost. This paper studies how such entry costs influence the several stages of an industry's life cycle …

Persistent link: https://www.econbiz.de/10005090918

Instant Exit from the Asymmetric War of Attrition

Myatt, David P. - Department of Economics, Oxford University - 2005

In an asymmetric war of attrition the players` prize valuations are drawn from different distributions. A stochastic strength ordering, based upon relative hazard rates, is used to rank these distributions. The stochastically stronger player is perceived to be strong ex ante, even though her...

Persistent link: https://www.econbiz.de/10005047908

The Drivers and Implications of Business Divestiture – An Application and Extension of Prior Findings

Decker, Carolin; Mellewigt, Thomas - Sonderforschungsbereich 649: Ökonomisches Risiko, … - 2007

Persistent link: https://www.econbiz.de/10005677969