Cook, William; Ormerod, Paul - In: Physica A: Statistical Mechanics and its Applications 324 (2003) 1, pp. 207-212
Both theoretical and applied economics have a great deal to say about many aspects of the firm, but the literature on the extinctions, or demises, of firms is very sparse. We use a publicly available data base covering some 6 million firms in the US and show that the underlying statistical...