Sunk costs, windows of profit opportunities, and the dynamics of entry
Author
Abstract
Suggested Citation
Download full text from publisher
As the access to this document is restricted, you may want to look for a different version below or search for a different version of it.
Other versions of this item:
- Georg GÖTZ, 1998. "Sunk costs, windows of profit opportunities, and the dynamics of entry," Vienna Economics Papers vie9810, University of Vienna, Department of Economics.
References listed on IDEAS
- Michael Spence, 1976. "Product Selection, Fixed Costs, and Monopolistic Competition," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 43(2), pages 217-235.
- Elberfeld Walter & Götz Georg, 2002.
"Market Size, Technology Choice, and Market Structure,"
German Economic Review, De Gruyter, vol. 3(1), pages 25-41, February.
- Walter Elberfeld & Georg Götz, 2002. "Market Size, Technology Choice, and Market Structure," German Economic Review, Verein für Socialpolitik, vol. 3(1), pages 25-41, February.
- Boyan Jovanovic, 2001. "Fitness and Age: Review of Carroll and Hannan's Demography of Corporations and Industries," Journal of Economic Literature, American Economic Association, vol. 39(1), pages 105-119, March.
- repec:bla:jindec:v:49:y:2001:i:2:p:113-35 is not listed on IDEAS
- Emmanuel Petrakis & Eric Rasmusen & Santanu Roy, 1997.
"The Learning Curve in a Competitive Industry,"
RAND Journal of Economics, The RAND Corporation, vol. 28(2), pages 248-268, Summer.
- Rasmusen, Eric & Roy, Santanu, 1994. "The learning curve in a competitive industry," UC3M Working papers. Economics 2914, Universidad Carlos III de Madrid. Departamento de EconomÃa.
- Petrakis, E. & Rasmusen, E. & Roy, S., 1994. "The Learning Curve in a Competitive Industry," Papers 94-004, Indiana - Center for Econometric Model Research.
- Emmanuel Petrakis & Eric Rasmusen & Santanu Roy, 1995. "The Learning Curve in a Competitive Industry," Industrial Organization 9506001, University Library of Munich, Germany.
- Petrakis, Emmanuel & Roy, Santanu, 1999.
"Cost-Reducing Investment, Competition, and Industry Dynamics,"
International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 40(2), pages 381-401, May.
- Roy, Santanu, 1996. "Cost reducing investiment, competition and industry dynamics," UC3M Working papers. Economics 4107, Universidad Carlos III de Madrid. Departamento de EconomÃa.
- Emmanuel Petrakis & Santanu Roy, 1998. "Cost Reducing Investment, Competition and Industry Dynamics," Tinbergen Institute Discussion Papers 98-011/1, Tinbergen Institute.
- Jovanovic, Boyan & MacDonald, Glenn M, 1994.
"The Life Cycle of a Competitive Industry,"
Journal of Political Economy, University of Chicago Press, vol. 102(2), pages 322-347, April.
- Jovanovic, B. & MacDonald, G.M., 1992. "The Life-Cycle of Competitive Industry," Papers 92-09, Rochester, Business - Financial Research and Policy Studies.
- Jovanovic, B. & MacDonald, G., 1993. "The Life Cycle of a Competitive Industry," Working Papers 93-34, C.V. Starr Center for Applied Economics, New York University.
- Boyan Jovanovic & Glenn MacDonald, 1993. "The Life-Cycle of a Competitive Industry," NBER Working Papers 4441, National Bureau of Economic Research, Inc.
- Dixit, Avinash K & Stiglitz, Joseph E, 1977.
"Monopolistic Competition and Optimum Product Diversity,"
American Economic Review, American Economic Association, vol. 67(3), pages 297-308, June.
- Dixit, Avinash K & Stiglitz, Joseph E, 1975. "Monopolistic Competition and Optimum Product Diversity," The Warwick Economics Research Paper Series (TWERPS) 64, University of Warwick, Department of Economics.
- Dixit, Avinash K. & Stiglitz, Joseph E., 1975. "Monopolistic Competition And Optimum Product Diversity," Economic Research Papers 268957, University of Warwick - Department of Economics.
- Dixit, Avinash K, 1989.
"Entry and Exit Decisions under Uncertainty,"
Journal of Political Economy, University of Chicago Press, vol. 97(3), pages 620-638, June.
- Dixit, A., 1988. "Entry And Exit Decisions Under Uncertainty," Papers 91, Princeton, Department of Economics - Financial Research Center.
- Anderson, Simon P & de Palma, Andre & Nesterov, Yurii, 1995.
"Oligopolistic Competition and the Optimal Provision of Products,"
Econometrica, Econometric Society, vol. 63(6), pages 1281-1301, November.
- ANDERSON, Simon P. & DE PALMA, André & NESTEROV, Yurii, 1994. "Oligopolistic Competition and the Optimal Provision of Products," LIDAM Discussion Papers CORE 1994034, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
- Anderson, S. P. & De Palma, A. & Nesterov, Y., 1995. "Oligopolistic competition and the optimal provision of products," LIDAM Reprints CORE 1179, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
- Simon P. Anderson & André de Palma, 2001.
"Product Diversity in Asymmetric Oligopoly: Is the Quality of Consumer Goods too Low?,"
Journal of Industrial Economics, Wiley Blackwell, vol. 49(2), pages 113-135, June.
- Anderson,S.P. & de Palma,A., 1995. "Product Diversity in Asymmetric Oligopoly:Is the Quality of Consumer Goods Too Low?," Papers 9521, Paris X - Nanterre, U.F.R. de Sc. Ec. Gest. Maths Infor..
- Simon P. Anderson & André de Palma, 2000. "Product Diversity in Asymmetric Oligopoly: Is the Quality of Consumer Goods too Low?," Virginia Economics Online Papers 349, University of Virginia, Department of Economics.
- Jovanovic, Boyan, 1982. "Selection and the Evolution of Industry," Econometrica, Econometric Society, vol. 50(3), pages 649-670, May.
- Steven Klepper & Elizabeth Graddy, 1990. "The Evolution of New Industries and the Determinants of Market Structure," RAND Journal of Economics, The RAND Corporation, vol. 21(1), pages 27-44, Spring.
- Iain M. Cockburn & Rebecca M. Henderson & Scott Stern, 2000. "Untangling the origins of competitive advantage," Strategic Management Journal, Wiley Blackwell, vol. 21(10‐11), pages 1123-1145, October.
- Klepper, Steven, 1996. "Entry, Exit, Growth, and Innovation over the Product Life Cycle," American Economic Review, American Economic Association, vol. 86(3), pages 562-583, June.
- Mark J. Roberts & Larry Samuelson, 1988.
"An Empirical Analysis of Dynamic, Nonprice Competition in an Oligopolistic Industry,"
RAND Journal of Economics, The RAND Corporation, vol. 19(2), pages 200-220, Summer.
- Roberts, M.J. & Samuelson, L., 1988. "An Empirical Analysis Of Dynamic, Non-Price Competition In An Oligopolistic Industry," Papers 3-88-14, Pennsylvania State - Department of Economics.
- N. Gregory Mankiw & Michael D. Whinston, 1986. "Free Entry and Social Inefficiency," RAND Journal of Economics, The RAND Corporation, vol. 17(1), pages 48-58, Spring.
- Lambson, V.E., 1989. "Industry Evolution With Sunk Costs And Uncertian Market Conditions," Working papers 8904, Wisconsin Madison - Social Systems.
- Yarrow, G K, 1985. "Welfare Losses in Oligopoly and Monopolistic Competition," Journal of Industrial Economics, Wiley Blackwell, vol. 33(4), pages 515-529, June.
- Steven Klepper & Kenneth L. Simons, 2000. "Dominance by birthright: entry of prior radio producers and competitive ramifications in the U.S. television receiver industry," Strategic Management Journal, Wiley Blackwell, vol. 21(10‐11), pages 997-1016, October.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Allanson, Paul & Montagna, Catia, 2005.
"Multiproduct firms and market structure: An explorative application to the product life cycle,"
International Journal of Industrial Organization, Elsevier, vol. 23(7-8), pages 587-597, September.
- Paul Allanson & Catia Montagna, 1999. "Multiproduct Firms and Market Structure: An Explorative Application to the Product Life Cycle," Dundee Discussion Papers in Economics 101, Economic Studies, University of Dundee.
- Israel J. Hernández & Elena Huergo Orejas, 2004.
"Entrada y Competencia en los Servicios de Telecomunicaciones,"
Documentos de Trabajo del ICAE
0404, Universidad Complutense de Madrid, Facultad de Ciencias Económicas y Empresariales, Instituto Complutense de Análisis Económico.
- Israel J. Muñoz & Elena Huergo, 2005. "Entrada y competencia en los servicios de telecomunicaciones," Industrial Organization 0504002, University Library of Munich, Germany.
- Christian Garavaglia, 2016. "Thinking about Entry of Firms: A Theoretical Discussion," International Business Research, Canadian Center of Science and Education, vol. 9(2), pages 46-73, February.
- Bester, Helmut & Milliou, Chrysovalantou & Petrakis, Emmanuel, 2012. "Wage bargaining, productivity growth and long-run industry structure," Labour Economics, Elsevier, vol. 19(6), pages 923-930.
- Ederington, Josh & Sandford, Jeremy, 2016. "Employer discrimination and market structure: Does more concentration mean more discrimination?," International Journal of Industrial Organization, Elsevier, vol. 48(C), pages 1-33.
- T.W. Ross, 2004. "Sunk Costs and the Entry Decision," Journal of Industry, Competition and Trade, Springer, vol. 4(2), pages 79-93, June.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Santanu Roy & Takashi Kamihigashi, 2004. "Investment, Externalities & Industry Dynamics," Econometric Society 2004 North American Summer Meetings 144, Econometric Society.
- David Greenstreet, 2007. "Exploiting Sequential Learning to Estimate Establishment-Level Productivity Dynamics and Decision Rules," Economics Series Working Papers 345, University of Oxford, Department of Economics.
- Amir, Rabah & Lambson, Val E., 2003.
"Entry, exit, and imperfect competition in the long run,"
Journal of Economic Theory, Elsevier, vol. 110(1), pages 191-203, May.
- AMIR, Rabah & LAMBSON, Val, 2003. "Entry, exit, and imperfect competition in the long run," LIDAM Discussion Papers CORE 2003066, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
- Rabah Amir & Val E. Lambson, 2003. "Entry, Exit, and Imperfect Competition in the Long Run," CIE Discussion Papers 2003-03, University of Copenhagen. Department of Economics. Centre for Industrial Economics.
- R Amir & V E Lambson, 2003. "Entry, Exit, and Imperfect Competition in the Long Run," Economics Discussion Paper Series 0315, Economics, The University of Manchester.
- AMIR, Rabah & LAMBSON, Val E., 2003. "Entry, exit, and imperfect competition in the long run," LIDAM Reprints CORE 1651, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
- Bester, Helmut & Petrakis, Emmanuel, 2003.
"Wages and productivity growth in a competitive industry,"
Journal of Economic Theory, Elsevier, vol. 109(1), pages 52-69, March.
- Helmut Bester & Emmanuel Petrakis, "undated". "Wages and Productivity Growth in a Competitive Industry," Papers 009, Departmental Working Papers.
- Bester, Helmut, 1998. "Wages and Productivity Growth in a Competitive Industry," UC3M Working papers. Economics 4142, Universidad Carlos III de Madrid. Departamento de EconomÃa.
- Bester, Helmut & Petrakis, Emmanuel, 1998. "Wages and Productivity Growth in a Competitive Industry," CEPR Discussion Papers 2031, C.E.P.R. Discussion Papers.
- Klepper, Steven & Simons, Kenneth L., 2005. "Industry shakeouts and technological change," International Journal of Industrial Organization, Elsevier, vol. 23(1-2), pages 23-43, February.
- Kitamura, Hiroshi & Miyaoka, Akira & Sato, Misato, 2013. "Free entry, market diffusion, and social inefficiency with endogenously growing demand," Journal of the Japanese and International Economies, Elsevier, vol. 29(C), pages 98-116.
- Bester, Helmut & Milliou, Chrysovalantou & Petrakis, Emmanuel, 2012. "Wage bargaining, productivity growth and long-run industry structure," Labour Economics, Elsevier, vol. 19(6), pages 923-930.
- van Kranenburg, Hans & Palm, Franz C. & Pfann, Gerard A., 2002. "Survival in a Concentrating Industry: The Case of Daily Newspapers in the Netherlands," IZA Discussion Papers 565, Institute of Labor Economics (IZA).
- Rui Baptista & Murat Karaöz, 2011. "Turbulence in growing and declining industries," Small Business Economics, Springer, vol. 36(3), pages 249-270, April.
- Qiaowei Shen, 2014. "A Dynamic Model of Entry and Exit in a Growing Industry," Marketing Science, INFORMS, vol. 33(5), pages 712-724, September.
- Petrakis, Emmanuel & Roy, Santanu, 1999.
"Cost-Reducing Investment, Competition, and Industry Dynamics,"
International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 40(2), pages 381-401, May.
- Roy, Santanu, 1996. "Cost reducing investiment, competition and industry dynamics," UC3M Working papers. Economics 4107, Universidad Carlos III de Madrid. Departamento de EconomÃa.
- Emmanuel Petrakis & Santanu Roy, 1998. "Cost Reducing Investment, Competition and Industry Dynamics," Tinbergen Institute Discussion Papers 98-011/1, Tinbergen Institute.
- Marco Cucculelli, 2018.
"Firm age and the probability of product innovation. Do CEO tenure and product tenure matter?,"
Journal of Evolutionary Economics, Springer, vol. 28(1), pages 153-179, January.
- Marco Cucculelli, 2017. "Firm age and the probability of product innovation. Do CEO tenure and product tenure matter?," Mo.Fi.R. Working Papers 140, Money and Finance Research group (Mo.Fi.R.) - Univ. Politecnica Marche - Dept. Economic and Social Sciences.
- Ufuk Akcigit & William Kerr, 2015. "Growth through Heterogeneous Innovation, Second Version," PIER Working Paper Archive 15-020, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania, revised 25 Mar 2015.
- Andrea Bonaccorsi & Paola Giuri, 2000. "Industry Life Cycle and the Evolution of an Industry Network," LEM Papers Series 2000/04, Laboratory of Economics and Management (LEM), Sant'Anna School of Advanced Studies, Pisa, Italy.
- Jian Tong, 2009. "Explaining The Shakeout Process: A ‘Successive Submarkets’ Model," Economic Journal, Royal Economic Society, vol. 119(537), pages 950-975, April.
- Emin Dinlersoz & Glenn MacDonald, 2009.
"The Industry Life-Cycle of the Size Distribution of Firms,"
Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 12(4), pages 648-667, October.
- Glenn MacDonald & Emin Dinlersoz, 2005. "The Industry Life-Cycle of the Size Distribution of Firms," Working Papers 05-10, Center for Economic Studies, U.S. Census Bureau.
- Ufuk Akcigit & William R. Kerr, 2018.
"Growth through Heterogeneous Innovations,"
Journal of Political Economy, University of Chicago Press, vol. 126(4), pages 1374-1443.
- Ufuk Akcigit & William R. Kerr, 2010. "Growth Through Heterogeneous Innovations," NBER Working Papers 16443, National Bureau of Economic Research, Inc.
- Akcigit, Ufuk & Kerr, William, 2016. "Growth through Heterogeneous Innovations," CEPR Discussion Papers 11660, C.E.P.R. Discussion Papers.
- Akcigit, Ufuk & Kerr, William R., 2013. "Growth through heterogeneous innovations," Bank of Finland Research Discussion Papers 28/2013, Bank of Finland.
- Ufuk Akcigit & William R. Kerr, 2010. "Growth through Heterogeneous Innovations," PIER Working Paper Archive 10-035, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania.
- Ufuk Akcigit & William R. Kerr, 2012. "Growth Through Heterogeneous Innovations," Working Papers 12-08, Center for Economic Studies, U.S. Census Bureau.
- Allanson, Paul & Montagna, Catia, 2005.
"Multiproduct firms and market structure: An explorative application to the product life cycle,"
International Journal of Industrial Organization, Elsevier, vol. 23(7-8), pages 587-597, September.
- Paul Allanson & Catia Montagna, 1999. "Multiproduct Firms and Market Structure: An Explorative Application to the Product Life Cycle," Dundee Discussion Papers in Economics 101, Economic Studies, University of Dundee.
- John Sutton, 1996. "Gibrats Legacy," STICERD - Economics of Industry Papers 14, Suntory and Toyota International Centres for Economics and Related Disciplines, LSE.
- Guido Buenstorf, 2007.
"Evolution on the Shoulders of Giants: Entrepreneurship and Firm Survival in the German Laser Industry,"
Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 30(3), pages 179-202, May.
- Guido Buenstorf, 2006. "Evolution on the Shoulders of Giants: Entrepreneurship and Firm Survival in the German Laser Industry," Papers on Economics and Evolution 2005-20, Philipps University Marburg, Department of Geography.
Corrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:indorg:v:20:y:2002:i:10:p:1409-1436. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/inca/505551 .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.