Quotation Gschwandtner, Adelina, Lambson, Val. 2003. Sunk Costs, Profit Variability, and Turnover. Reseach Seminar Presentation, Brigham Young University Provo, 05.03.


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Abstract

: Dynamic competitive models of industry evolution suggest that firm profit will be more volatile and turnover will be lower in industries with higher sunk costs. These implications are consistent with empirical observation.

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Publication's profile

Status of publication Published
Affiliation WU
Type of publication Unpublished lecture
Language English
Title Sunk Costs, Profit Variability, and Turnover
Event Reseach Seminar Presentation
Location Brigham Young University Provo
Date March 5, 2003

Associations

People
Gschwandtner, Adelina (Former researcher)
External
Lambson, Val (Brigham Young University, United States/USA)
Organization
Institute for Statistics and Mathematics IN (Details)
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