Showing 1 - 10 of 35
We investigate the timing and the valuation of strategic investment aimed at enhancing entry opportunities in related … market segments. As demand is uncertain, entry options should be exercised at the optimal time, trading off the market share … gain against the option to wait until more information is revealed, while anticipating competitors' entry behaviour. When …
Persistent link: https://www.econbiz.de/10005662306
We are interested in evaluating the impact of restrictive planning regulation on entry into the UK grocery retail …
Persistent link: https://www.econbiz.de/10005788990
Understanding the development of chainstores is important given the large GDP share of services and the continuing importance of chains in bringing these services to market. Service chains provide a puzzle because they take a long time to develop even when there are obvious expansion...
Persistent link: https://www.econbiz.de/10009246609
determination of the number of producers and products over the business cycle. Economic expansions induce higher entry rates by … prospective entrants subject to irreversible investment costs. The sluggish response of the number of producers (due to sunk entry … decisions, producer entry, and the allocation of labor across sectors. The model performs at least as well as the benchmark real …
Persistent link: https://www.econbiz.de/10009293662
-returns-to-scale technologies. When providers adopt a not-for-profit mission, the absence of a residual claimant can impede entry, pro- tecting the … core costs can have a non-neutral effect on entry, technology adoption, and industry performance. …
Persistent link: https://www.econbiz.de/10009367421
is more conducive to entry - precisely because of its inefficiency - it usually generates higher expected revenue. We … also discuss the effects of lock-ups, matching rights, break-up fees (as in takeover battles), entry subsidies, etc. …
Persistent link: https://www.econbiz.de/10004976795
We study how the labour market and industry uncertainty affect the investment decisions of multinational enterprises (MNEs). In an uncertain business climate, MNEs must take account of the future in deciding where to locate a branch plant. When wages are endogenously determined, both the...
Persistent link: https://www.econbiz.de/10005123539
We compare the economic consequences and political feasibility of reforms aimed at reducing barriers to entry … (deregulation) and improving contractual enforcement (legal reform). Deregulation fosters entry, thereby increasing the number of … constraints on entry, but in addition it facilitates transfers of control of incumbent firms, from untalented to talented managers …
Persistent link: https://www.econbiz.de/10005124360
market with horizontal product differentiation when choosing its level of roll-out. The endogenous extent of entry influences … downstream retail prices; Bertrand or local monopoly pricing or a mixed strategy equilibrium may emerge. Importantly, entry may …
Persistent link: https://www.econbiz.de/10005124418
events were almost certainly caused by the entry and market penetration of (largely) foreign owned car producers, this … stylized fact raises interesting questions about whether – and if so, how advertising affects entry. We use a model of consumer … arguing that advertising can facilitate entry, but only for finite periods of time. …
Persistent link: https://www.econbiz.de/10005136459