Toivanen, Otto; Waterson, Michael - In: RAND Journal of Economics 36 (2005) 3, pp. 680-699
We study the effects of market structure on entry using data from the U.K. fast food (counter-service burger) industry over the years 1991--1995, for which the market can be characterized as a duopoly. We use both reduced-form estimations and a structural model, controlling for market-specific...