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In this paper we develop a process model relating market share to firm profits. In particular, we specify average price and average cost equations as a function of previous year market share position,...
This study finds new evidence that managers announce open market share repurchases for different reasons that vary according to the firm’s investment opportunity set. Low q firm managers announce rep...
For many years IO economists devoted attention to the size distributions’ of firms in a given industry. Most studies showed that the size distribution of firms in oligopolistic markets is highly skewe...

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