We express the idea of classical competition in a statistical equilibrium model, where the tendency for competition to equalize profit rates results in an exponential power (or Subbotin) distribution. The model supports and extends recent evidence on the Laplace distribution of growth rates in...

How does firm entry affect innovation incentives and productivity growth in incumbent firms? Micro-data suggests that there is heterogeneity across industries - incumbents in technologically advanced industries react positively to entry, but not in laggard industries. To explain this pattern, we...

La these developpe dans cet article est la suivante. Loin d'etre une donnee, l'incertitude resulte largement des actions strategiques de l'entreprise. Par sa conduite, cette derniere modifie, non seulement sa propre exposition a l'incertitude, mais aussi celle des autres acteurs.

Bu çalışmada, firma birleşmelerinin nedenleri ele alınarak uluslararası boyutta firma birleşmelerinin arkasında yatan unsurlar açıklanmaktadır. Firmalar monopolcü güç elde etmek, verimlilik kazanımları sağlamak, imparatorluk kurmak, fazla fonları kullanmak, piyasada firmanın...

We present a theory of how advertising can break a lock-in by distorting beliefs about market shares in markets with network externalities. On the background of the availability heuristic we assume that people learn about market shares by observing product adoption of others, but are not able to...

As business-to-business commerce shifts to the Internet, newer suppliers with cheaper but unreliable technologies enter the market place to win orders from firms by beating the price of their perfectly reliable (but expensive) competitors. The dilemma facing purchasing firms is the allocation of...

Using data from a large enterprise-level panel designed to address this issue, we account for enterprise performance in Russia. We link performance to four aspects of the economic environment outlined in the literature: enterprise ownership; corporate governance; market structures and competition;...

In this paper, we study the impact of the introduction of posted prices in the slot allocation process currently in use at congested airports in most European countries. In particular, we show that if the airport is initially saturated, while low level of slot prices entail no response from the...

In diesem Beitrag werden die Auswirkungen sektoraler, regionaler sowie betrieblicher Determinanten auf das Scheitern junger Betriebe mit Hilfe eines ökonometrischen Überlebensdauer-Ansatzes analysiert. Dabei findet ein accelerated failure time model mit zugrunde liegender log-logistischer...

We consider a product and a media market and show how a change in the business model employed by the media platforms affects consumers, producers (or advertisers), and price negotiations for advertisements. On both markets, two firms differentiated á la Hotelling compete for consumers. On the...