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An Equilibrium Model of Firm Growth and Industry Dynamics

Author

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  • Arthur Fishman
  • Rafael Rob

Abstract

We develop a model of firm size in which firms are unable to access as many consumers as they want. Nwely arrived consumers match randomly with firms. Subsequently consumers must pay "search costs"to be able to switch firms.
(This abstract was borrowed from another version of this item.)
(This abstract was borrowed from another version of this item.)

Suggested Citation

  • Arthur Fishman & Rafael Rob, "undated". "An Equilibrium Model of Firm Growth and Industry Dynamics," Penn CARESS Working Papers e57b56c77c489a71e4b69ab85, Penn Economics Department.
    • Handle: RePEc:cla:penntw:e57b56c77c489a71e4b69ab85041610f
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    File URL: http://www.econ.upenn.edu/Centers/CARESS/
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    Cited by:

    1. Sian Owen, 2001. "Failures in B2C Companies; Two Examples and Lessons for New Players," Working Paper Series 113, Finance Discipline Group, UTS Business School, University of Technology, Sydney.

    More about this item

    JEL classification:

    • L10 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - General
    • L11 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Production, Pricing, and Market Structure; Size Distribution of Firms

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