This paper investigates the interaction between product heterogeneity and geographic agglomeration. Using data for nearly the entire population of U.S. hotels, we examine patterns of entry into different regions among establishments delineated by product segment. We find that to the extent that...

We analyze the determinants of de novo entrants in clusters and dispersal. We posit a theoretical framework which articulates the differences in strategic advantages and threats that locating in clusters or dispersal pose to de novo entrants and the firm specific characteristics that are likely...

Business agglomeration is a striking feature in the sharing economy due to location advantages, especially in home-sharing platforms. Listing agglomeration brings both agglomeration and localized competition effects, but it is still unclear which effect is stronger and how such effect varies...