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This chapter surveys empirical models of market structure. We pay particular attention to equilibrium models that interpret cross-sectional variation in the number of firms or firm turnover rates. We begin by discussing what economists can in principle learn from models with homogeneous...
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cooperation through two mechanisms: an entry mechanism, which leads to assortative selection of interaction partners, or an exit … that voluntary participation has a positive effect on public good provision through the exit mechanism, but we do not find … evidence of a positive effect of entry. Assortative selection of interaction partners seems to play a minor role in our setting …
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may foster cooperation through an entry mechanism, which leads to assortative selection of interaction partners, or an … exit mechanism, whereby the opportunity to leave the partnership can be used as a threat against free-riders. We examine … on provision only through the exit mechanism. Assortative selection of interaction partners seems to play a minor role in …
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