This paper examines growth and survival amongst quoted and unquoted UK companies in the period 1975-85 and compares the results with earlier UK and US studies.
While recent years have witnessed a growing interest in research on market entry by new firms, evidence regarding their post-entry performance is scarce.
This paper finds that unauthorized reproduction of intellectual property in the presence of demand network externalities can not only induce greater firm profits relative to the case where there is no
The paper attempts to provide a formal theory of planned obsolescence based on incompatible technologies in the presence of network externalities.
This paper considers the conditions under which a monopolist might wish to randomize its pricing.
Certificate-of-need laws and construction moratoria are policies designed to control government expenditures by limiting the number of nursing home beds in an area.
Event study methodology is used to assess the effects of the 1951 US Supreme Court Schwegmann decision, which severely weakened the enforcement of resale price maintenance contracts in the United Stat
This paper derives the formal relationship between a firm's beta and Tobin's $q$ ratio with both price and wage uncertainty present.