An Equilibrium Model of Firm Growth and Industry Dynamics

Arthur Fishman () and R. Rob
Authors registered in the RePEc Author Service: Rafael Robb

Working Papers from Tel Aviv

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.

Keywords: CONSUMPTION; ENTERPRISES; DEMAND (search for similar items in EconPapers)
JEL-codes: L10 L11 (search for similar items in EconPapers)
Pages: 34 pages
Date: 1997
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Citations: View citations in EconPapers (1)

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