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into an entry barrier, protecting the position of an inefficient incumbent; or that, conversely, they can make it possible …
Persistent link: https://www.econbiz.de/10010420720
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 …
Persistent link: https://www.econbiz.de/10011451471
significantly increased in the municipalities receiving aid. This additional entry decreased average prices. Therefore, the …
Persistent link: https://www.econbiz.de/10012493038
We analyze the impact of overconfidence on the timing of entry in markets, profits, and welfare using an extension of …
Persistent link: https://www.econbiz.de/10013200042
large supermarkets (hypermarkets). The purpose of this paper is to investigate the effect on prices of the entry of a large … dependent variable is the price of a bundle of 52 food products in each city relative to Santiago. We find that the entry of a …
Persistent link: https://www.econbiz.de/10005515200
1996-2004. Our results indicate that the entry of large retailers produces a discrete increase in employment in the … commerce sector in the quarter that the entry occurs. We also find that there is an additional positive effect on employment … throughout the year entry occurs, suggesting that suppliers or other parts of the chain of production follow the large retailer …
Persistent link: https://www.econbiz.de/10005515213
This paper analyzes the impact of overconfidence on the timing of entry in markets, profits, and welfare. To do that …
Persistent link: https://www.econbiz.de/10005518812
This paper compares profits and consumer surplus under non-cooperation and collusion in the product market when the firms have the option for R&D before production. We show that whether R&D investment would be higher under non-cooperation or product market collusion depends on the R\&D...
Persistent link: https://www.econbiz.de/10005412980
This paper examines the effect of entry of large foreign retailers on local employment at the city level. Using a panel … data for the period 2000-2006, we find that entry of large retailers largely increases employment in wholesale and retail … sector and other related sector in the year of entry. The positive effect on employment in wholesale and retail sector …
Persistent link: https://www.econbiz.de/10011258697
In industries with network effects, incumbents’ installed bases create barriers to entry that discourage entrepreneurs … from developing new innovations. Yet, entry is not the only commercialization route for entrepreneurs. We show that the … necessarily restrict innovation incentives. We also show that network effects promote acquisitions over entry and that the …
Persistent link: https://www.econbiz.de/10011083667