"An Equilibrium Model of Firm Growth and Industry Dynamics''
AbstractWe 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 InfoPaper provided by University of Pennsylvania Center for Analytic Research and Economics in the Social Sciences in its series CARESS Working Papres with number 97-13.
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Other versions of this item:
- Fishman, A. & Rob, R., 1997. "An Equilibrium Model of Firm Growth and Industry Dynamics," Papers 27-97, Tel Aviv.
- Arthur Fishman & Rafael Rob, . "An Equilibrium Model of Firm Growth and Industry Dynamics," Penn CARESS Working Papers e57b56c77c489a71e4b69ab85, Penn Economics Department.
- 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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- 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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