Consumer inertia, firm growth and industry dynamics.

DOI10.1016/S0022-0531(02)00035-2zbMATH Open1037.91537OpenAlexW3125896703MaRDI QIDQ1810693FDOQ1810693

Authors: Arthur Fishman, Rafael Rob 

Publication date: 9 June 2003

Published in: Journal of Economic Theory (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/s0022-0531(02)00035-2

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zbMATH Keywords

R\&DCustomer loyaltyConsumer inertiaEntry and exitFirm growthFirm size distributionSearch cost

Mathematics Subject Classification ID

Production theory, theory of the firm (91B38) Consumer behavior, demand theory (91B42)

Cites Work

• Title not available (Why is that?)
• Selection and the Evolution of Industry
• Entry, Exit, and firm Dynamics in Long Run Equilibrium
• Markov-Perfect Industry Dynamics: A Framework for Empirical Work
• Steady state price distributions in a noisy search equilibrium
• Competitive Profits in the Long Run
• Title not available (Why is that?)
• The Durability of Information, Market Efficiency and the Size of Firms

Cited In (13)

• Dynamic competition with consumer inertia
• Search in the product market and the real business cycle
• A structural model of firm and industry evolution: evidence from Chile
• Adverse selection, endogenous borrowing constraints and firm growth
• Habit forming consumers and firm dynamics
• Some thoughts on the Sutton approach. Concentration in high-tech markets
• A note on inertia in market share
• Price dynamics with customer markets
• Price dispersion in dynamic competition
• Firm Turnover in Imperfectly Competitive Markets1
• Sluggish consumers: An evolutionary solution to the Bertrand paradox.
• Customer capital
• The Durability of Information, Market Efficiency and the Size of Firms

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