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An Equilibrium Model of Firm Growth and Industry Dynamics

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Author Info

  • 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.

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Bibliographic Info

Paper provided by Tel Aviv in its series Papers with number 27-97.

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Length: 34 pages
Date of creation: 1997
Date of revision:
Handle: RePEc:fth:teavfo:27-97

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Postal: Israel TEL-AVIV UNIVERSITY, THE FOERDER INSTITUTE FOR ECONOMIC RESEARCH, RAMAT AVIV 69 978 TEL AVIV ISRAEL.
Phone: 972-3-640-9255
Fax: 972-3-640-5815
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Web page: http://econ.tau.ac.il/research/foerder.asp
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Keywords: CONSUMPTION ; ENTERPRISES ; DEMAND;

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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.

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