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An Equilibrium Model of Firm Growth and Industry Dynamics

Author

Listed:
  • Fishman, A.
  • Rob, R.

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.

Suggested Citation

  • Fishman, A. & Rob, R., 1997. "An Equilibrium Model of Firm Growth and Industry Dynamics," Papers 27-97, Tel Aviv.
    • Handle: RePEc:fth:teavfo:27-97
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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

    Keywords

    CONSUMPTION ; ENTERPRISES ; DEMAND;
    All these keywords.

    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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