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  • Search: subject:"Competition in Fast Food"
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Competition in Fast Food 1 Empirical Entry Model 1 Non-nested Statistical Test 1
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Book / Working Paper 1
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Gayle, Philip 1 Luo, Zijun 1
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Volkswirtschaftliche Fakultät, Ludwig-Maximilians-Universität München 1
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Choosing between Order-of-Entry Assumptions in Empirical Entry Models: Evidence from Competition between Burger King and McDonald’s Restaurant Outlets
Gayle, Philip; Luo, Zijun - Volkswirtschaftliche Fakultät, … - 2012
We demonstrate how a non-nested statistical test developed by Vuong (1989) can be used to assess the suitability of alternate order-of-entry assumptions used for identification purposes in empirical entry models. As an example, we estimate an entry model of McDonald’s and Burger King...
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