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Imperfect collusion in monitored markets with free entry
Surveys of antitrust cases reveal that colluding firms usually (1) attempt to minimise the risk of prosecution, (2) achieve merely imperfect levels...
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Market size, entry costs and free entry Cournot equilibrium
We consider a free entry, symmetric cost, Cournot equilibrium in a homogeneous product market. There is a parameter A which is the index of the...
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Hybrid Marketplaces with Free Entry of Sellers
We study a hybrid marketplace such as Amazon that sells its own products and sets commissions on third-party sellers that engage in monopolistic...
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Entry, market structures and welfare
Conventionally, entry is thought to enhance welfare by enhancing competition and hence lowering prices and increasing the output. Contrary to the...
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Endogenous Entry and Growth of Firms with Heterogeneous Firms
We analyze the impact of persistent cost heterogeneity of potential firms on free entry equilibria under a Cournot setting. We show that firm...
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China Market Entry
As China’s 14th Five-Year Plan (2021-2025) proceeds ahead with gradual liberalization of the business environment and accelerates its inward and... -
Retail Markups and Discount-Store Entry
“Hard discounters” are retail formats that set retail food prices even lower than existing discount formats, such as Walmart and Target. Offering...
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Sunk costs, entry and clustering
We examine how differences in firm sunk entry costs affect both entry order and the potential for clustering in a triopoly preemption game. If the...
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The effects of entry deregulation: evidence from interurban passenger transport
We study the effects of entry deregulation in the Finnish interurban bus market. We observe that the number of operators on routes connecting large...
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Attractive target for tax avoidance: trade liberalization and entry mode
Growing foreign direct investments (FDIs) have been observed in parallel to the development of tax avoidance by multinational enterprises; however,...
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Contests with entry fees: theory and evidence
We provide some theory and experimental evidence on contests with entry fees. In our setup, players must simultaneously decide whether or not to pay...
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Information disclosure in all-pay contests with costly entry
In this paper, we accommodate the costly entry of contestants and examine an information design problem when the organizer can decide how to generate...
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Entry in first-price auctions with signaling
We study the optimal entry fee in a symmetric private value first-price auction with signaling, in which the participation decisions and the auction...
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Profit raising entry under mixed behavior
This paper provides a new theoretical justification for entry to raise incumbent’s profit. In an industry with product differentiation and when firms...
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Cournot–Bertrand endogenous behavior in a differentiated oligopoly with entry deterrence
This paper presents a new theoretical justification for the Cournot–Bertrand model to arise in equilibrium when firms have, at the outset, the same...
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The effects of downstream entry in a vertical mixed oligopoly: the role of input pricing
We study the effects of downstream entry in a vertical mixed oligopoly where a privatized upstream firm supplies a common input to asymmetric...
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Entry Deterrence, Concentration, and Merger Policy
In merger enforcement, entry is considered to be a factor that potentially can mitigate otherwise anti-competitive effects of a merger. The current...
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Differentiated Entry or “Me-Too” Entry in Bertrand and Cournot Oligopoly
When would an oligopolistic entrant imitate an incumbent’s product (“me-too” entry), rather than horizontally differentiate? We allow an entrant's...
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The relationship between R&D knowledge spillovers and employment entry
Recent approaches to entrepreneurship seek to explain regional heterogeneity by exploring the link between knowledge endowment and new firm creation....
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Entry and exit decisions under public and private information: an experiment
We design an experiment to study how reversible entry decisions are affected by public and private payoff disclosure policies. In our environment,...