analyzes the entry patterns of three global fast-food franchise networks in 78 Mexican cities using discrete outcome models and … for franchise entry is the rate of formal employment. The more the informal employment in a city, the lower the number of … entry conditioning on market size. The issue here is that if institutions increase gross domestic product (GDP) per capita …

dominance of access points lower incentives for entry and innovation, and lower the efficiency of access-point markets with …

dominance of access points lower incentives for entry and innovation, and lower the efficiency of access-point markets with …

-horizon, complete information setting in which an incumbent repeatedly faces potential entry. When a rival enters, the incumbent chooses … whether to accommodate or predate it; the entrant then decides whether to stay or exit. We show that there always exists a …

-horizon, complete information setting in which an incumbent repeatedly faces potential entry. When a rival enters, the incumbent chooses … whether to accommodate or predate it; the entrant then decides whether to stay or exit. We show that there always exists a …