Pereira, Pedro2023-06-212023-06-211998https://hdl.handle.net/20.500.14352/64214This paper extends Mankiw & Whinston' s (86) characterization of excessive entry to the case where firms, in addition to producing, can also make a deterministic cost reduction investment, either before, or at the same time as production.engAtribución-NoComercial-CompartirIgual 3.0 Españahttps://creativecommons.org/licenses/by-nc-sa/3.0/es/technical reporthttp://www.ucm.es/icaeopen accessExcessive EntryCost Reducing Investment.Finanzas