Burinskas, Arūnas; Tvaronavičienė, Manuela - In: Economies 10 (2022) 1, pp. 1-22
' heterogeneity that significantly impact their ability to compete, influence the market structure, and decide to participate in trade … demand and the demand for each firm's product. Allowing for the evolution of the market structure, the model reveals the … the time needed for the market structure formation. Although the model does not track all the aspects of a firm …