Capacity use in multi-unit firms: Evidence for efficiency gains or strategic competition in the US restaurant industry?

Applied Economics

Volumn 43, Issue 22, 2011, Pages 2953-2968

  Yeap, Clarissa A ^a  

^a UNIVERSITY OF MINNESOTA   (United States)

Author keywords

[No Author keywords available]

Indexed keywords

COMPETITION (ECONOMICS); MARKETING; PROFITABILITY; SERVICE SECTOR; SIZE DISTRIBUTION;

UNITED STATES;

EID: 79960908705     PISSN: 00036846     EISSN: 14664283     Source Type: Journal    
DOI: 10.1080/00036840903299797     Document Type: Article

References (19)

1. Berry, S. and Waldfogel, J. (2003) Product quality and market size, NBER Working Paper No. 9675.
2. Campbell, J. and Hopenhayn, H. (2005) Market size matters, The Journal of Industrial Economics, 53, 1-25.
3. Conlin, M. and Kadiyali, V. (2006) Entry deterring capacity in the Texas lodging industry, Journal of Economics and Management Strategy, 15, 167-85.
4. Demsetz, H. (1973) Industry structure, market rivalry, and public policy, Journal of Law and Economics, 16, 1-9.
5. Dixit, A. (1980) The role of investment in entry deterrence, Economic Journal, 90, 95-106.
6. Ghemawat, P. (1984) Capacity expansion in the titanium dioxide industry, The Journal of Industrial Economics, 33, 145-63.
7. Lafontaine, F. and Shaw, K. (2005) Targeting managerial control: evidence from franchising, RAND Journal of Economics, 36, 131-50.
8. Love, J. (1995) McDonald's Behind the Arches, Bantam Books, New York, NY.
9. Masson, R. and Shaanan, J. (1986) Excess capacity and limit pricing: an empirical test, Economica, 53, 365-78.
10. Milgrom, P. and Roberts, J. (1982) Limit pricing and entry under incomplete information: an equilibrium analysis, Econometrica, 50, 443-59.
11. Nation's Restaurant News (2003a) Top 100 chains and company rankings, 37(26).
12. Nation's Restaurant News (2003b) Second 100 chains and company rankings, 37(27).
13. Peltzman, S. (1977) The gains and losses from industrial concentration, The Journal of Law and Economics, 20, 229-63.
14. Scherer, F. M. (1979a) The causes and consequences of rising industrial concentration, Journal of Law and Economics, 22, 191-208.
15. Scherer, F. M. (1979b) The welfare economics of product variety: an application to the ready-to-eat cereals industry, Journal of Industrial Economics, 28, 113-34.
16. Schmalensee, R. (1978) Entry deterrence in the readyto-eat breakfast cereal industry, Bell Journal of Economics, 9, 305-27.
17. Spence, M. (1977) Entry, capacity, investment and oligopolistic pricing, Bell Journal of Economics, 8, 534-44.
18. Sutton, J. (1991) Sunk Costs and Market Structure, The MIT Press, Cambridge, MA.
19. Thomadsen, R. (2007) Product positioning and competition: the role of location in the fast food industry, Marketing Science, 26, 792-804.