Fixed costs matter even when the costs are sunk
From MaRDI portal
Publication:2208872
DOI10.1016/j.econlet.2020.109428zbMath1451.91069OpenAlexW3043860849MaRDI QIDQ2208872
Bastian Westbrock, Ewa Mendys-Kamphorst, Jurjen Kamphorst
Publication date: 4 November 2020
Published in: Economics Letters (Search for Journal in Brave)
Full work available at URL: http://repub.eur.nl/pub/129476
Cites Work
- Selection effects in auctions for monopoly rights
- The Learning Curve, Market Dominance, and Predatory Pricing
- Do Firms Want to Borrow More? Testing Credit Constraints Using a Directed Lending Program
- Competition when Consumers have Switching Costs: An Overview with Applications to Industrial Organization, Macroeconomics, and International Trade