This article deals with the issue of entry into an industry where firms share a collective reputation. First, we show … that free entry is not socially optimal; there is a need for regulation through the imposition of a minimum quality … wisdom, a minimum quality standard should not always be considered as a barrier to entry. …

evidence. Without offsetting tax increases the legislation will plausibly reduce prices but significant entry into the industry …

enter in year t are less productive than incumbent firms in year t. (H3) Surviving firms from an entry cohort were more …

in a process of branch proliferation and industry concentration, but it also set in motion a pre-entry selection … mechanism. Conversely, before completion of the regulatory reform, in 1989, entry was possible even for very small firms, and …

alternative markets available for entry rises, the incumbents' incentive to use debt as a deterrent falls. Thus, a potential …

The concept of a barrier to entry has been discussed least since Bain [1956] with important contributions by Spence … dedicated session at the 2004 AEA meeting. Yet, a 'barrier to entry' remains a surprisingly elusive concept, which even … subject fail to resolve the issue, because they insist on analyzing barriers to entry in the context of identical firms in …

by both high entry and high exit rates. …