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Unobserved heterogeneity in dynamic games : Cannibalization and preemptive entry of hamburger chains in Canada

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 … and preemption is an important factor behind the evolution of market structure. …

Persistent link: https://www.econbiz.de/10011800622

Measuring deterrence motives in dynamic oligopoly games

Fang, Limin; Yang, Nathan - In: Management science : journal of the Institute for … 70 (2024) 6, pp. 3527-3565

Persistent link: https://www.econbiz.de/10014551885

The impact of entry regulation on total welfare : a policy experiment

Liu, An-Hsiang; Siebert, Ralph; Zulehner, Christine - 2013

dynamic structural model. We formulate an oligopoly model in the tradition of Ericson and Pakes (1995) and allow entry costs …

Persistent link: https://www.econbiz.de/10009764443

A dynamic model of oligopolistic market structure, featuring positioning investments

Bloch, Harry; Eaton, Buford Curtis; Rothschild, R. - In: International journal of the economics of business 21 (2014) 3, pp. 379-411

Persistent link: https://www.econbiz.de/10010484173

On dynamic games with randomly arriving players

Bernhard, Pierre; Deschamps, Marc - In: Dynamic games and applications : DGA 7 (2017) 3, pp. 360-385

Persistent link: https://www.econbiz.de/10011805121

Entry and shakeout in dynamic oligopoly

Hünermund, Paul; Schmidt-Dengler, Philipp; Takahashi, Yuya - 2014

is characterized by preemption motives while the shakeout phase mimics a war of attrition. We show that dynamic strategic …

Persistent link: https://www.econbiz.de/10010457903

To know or not to know : strategic inattention and endogenous market structure

Cellini, Roberto; Lambertini, Luca; Ottaviano, … - 2015

standard oligopoly; above the higher threshold there is a unique equilibrium in which all firms disregard that impact as in …

Persistent link: https://www.econbiz.de/10011715927

Chapter 29 Empirical Models of Entry and Market Structure

Berry, Steven; Reiss, Peter - In: Handbook of industrial organization : volume 3, (pp. 1845-1886). 2007

This chapter surveys empirical models of market structure. We pay particular attention to equilibrium models that interpret cross-sectional variation in the number of firms or firm turnover rates. We begin by discussing what economists can in principle learn from models with homogeneous...

Persistent link: https://www.econbiz.de/10014024587

Stackelberg equilibrium with many leaders and followers : the case of zero fixed costs

Tesoriere, Antonio - In: Research in economics : an international review of economics 71 (2017) 1, pp. 102-117

Persistent link: https://www.econbiz.de/10011746822

Privatization neutrality theorem in free entry markets

Matsumura, Toshihiro; Okumura, Yasunori - In: The B.E. journal of theoretical economics 17 (2017) 2, pp. 1-9

Persistent link: https://www.econbiz.de/10011709668