This paper analyzes the impact of overconfidence on the timing of entry in markets, profits, and welfare. To do that …

market decisions in the face of the threat of entry, in a dynamic model. The main results of the paper are: there exists a … threat of entry; and there are parameter values for which the bank makes more profits with the threat of entry than without …

empirical analysis of the determinants of post-entry performance of KIBS. The results of the estimation of firm growth equations …

industries, by modelling the evolution of firm growth and entry. In both countries, new companies are attracted by industry …

welfare effects of entry into residential local telephone service in New York State using household-level data from September …

In this paper, we evaluate the consumer welfare effects of entry into residential local phone service in New York State … first quarter of 2003. Our results indicate that as a result of entry households that subscribe to one of the entrants … nature of the data, we decompose the households' overall gains from entry and find that benefits due to firm differentiation …

, rarely have economists been able to examine how competition changes with the threat of entry. This paper uses the evolution … firm adjusts its entry strategy when facing the threat of additional entrants. We identify the potential entrant into a … that such a market is more likely to accommodate more than firms in the long run. Taking account of endogeneity of entry …

This paper links empirical literature on the use of price as an entry deterring mechanism with literature on the effect … incumbent cable TV firms use price to deter entry by telecom overbuilders as well as cities with municipal utilities. There is … evidence that incumbents use price to deter cable overbuilders. In addition to linking entry deterrence with multi …