Showing 61 - 70 of 18,516
This article examines the impact of Wal-Mart Supercenters’ entry on incumbents’ pricing behavior and demand. Using a …
Persistent link: https://www.econbiz.de/10010816340
of commercialization (entry or sale) in network industries showing that high equilibrium acquisition prices are driven by … acquisition relative to entry. A policy enforcing strict compatibility leads to more entry, but can be counterproductive by …
Persistent link: https://www.econbiz.de/10008919575
the parameters of a vertical entry game. By carefully specifying firms' payoff equations and constructing appropriate … foreclosure. I estimate the vertical entry model using data from the US generic pharmaceutical industry. The estimates indicate … vertically integrated entry. The simulation results suggest that such a ban is counterproductive; it is likely to reduce entry …
Persistent link: https://www.econbiz.de/10008615350
We analyze the effect of industrial espionage on entry deterrence. We consider a monopoly incumbent who may expand … capacity to deter entry, and a potential entrant who owns an Intelligence System. The Intelligence System (IS) generates a …
Persistent link: https://www.econbiz.de/10011049669
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 … not necessarily restrict the innovation incentives and that network effects promote acquisitions over entry. …
Persistent link: https://www.econbiz.de/10011117298
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
industries, by modelling the evolution of firm growth and entry. In both countries, new companies are attracted by industry …
Persistent link: https://www.econbiz.de/10005622401
presence of network externalities tends to make the entrepreneur prefer sale to entry. Moreover, we also show that the … incentive to innovate for entry decreases when network effects become stronger, whereas there is an increase in the incentive … of increasing entry by entrepreneurs. However, this may come at the cost of reducing the research intensity by reducing …
Persistent link: https://www.econbiz.de/10005622745