Moretto, Michele; Rossini, Gianpaolo - Dipartimento di Scienze Economiche "Marco Fanno", … - 2007
organisation of the two types of enterprise and its relation to some market features. In a continuous time stochastic environment …, with sunk costs, we model entry as a growth option. Partnerships and Firms display speci?c entry patterns in terms of … output price and size since they react in diverse fashions to market uncertainty. In most cases, the Partnership is less …