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
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