We study the effects of market structure on entry using data from the UK fast food (counter-service burger …)industry over the years 1991-1995. Over this period, the market can be characterized as a duopoly. We find that market structure … matters greatly: for both firms, rival presence increases the probability of entry. We control for market specific time …

long been perceived as anticompetitive devices, used by dominant firms to block entry into their market. In a real options …

We start the survey by reviewing the implications of horizontal and vertical product differentiation on market …