• Title of article

    Divisionalization and franchising incentives with integral competing units

  • Author/Authors

    Baye، نويسنده , , Michael R.; Crocker، نويسنده , , Keith J.; Jiandong، نويسنده , , Ju ، نويسنده ,

  • Issue Information
    روزنامه با شماره پیاپی سال 1996
  • Pages
    7
  • From page
    429
  • To page
    435
  • Abstract
    Existing game-theoretic models of divisionalization and franchising treat each firmʹs number of competing units as a continuous variable. We account for the integer constraint on divisions, and show that the continuous case reasonably approximates the equilibria of the discrete game.
  • Keywords
    Franchise , Parent firm , Divestiture , Division
  • Journal title
    Economics Letters
  • Serial Year
    1996
  • Journal title
    Economics Letters
  • Record number

    434085