Igami, Mitsuru; Yang, Nathan - In: Quantitative economics : QE ; journal of the … 7 (2016) 2, pp. 483-521
We develop a dynamic entry model of multi-store oligopoly with heterogeneous markets, and estimate it using data on … hamburger chains in Canada (1970–2005). Because more lucrative markets attract more entry, firms appear to favor the pres- ence …