منابع مشابه
Problematic Relations: Franchising and the Law of Incomplete Contracts
Commitments to take or refrain from taking certain actions are indispensable elements in most forms of interaction and exchange. Even the purest form of spot-market transaction rests on commitments: the commitment of the state to value a piece of paper in future exchanges, and the commitment of the individual not to steal back what has been sold. As transactions spread out over time and become ...
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We hypothesize that retail and service business units will enjoy reduced failure rates if affiliated with experienced multiunit owners and franchisors. Experience of individual owners and franchisees should result in knowledge that is tacit and idiosyncratic and thus primarily of value locally. Because franchisors typically codify knowledge gained from experience, we argue that units should ben...
متن کاملFranchising Inequality.
without prior written permission from the Publisher. All rights reserved. or mechanical, including photocopying or by information storage or retrieval systems, may be reproduced, displayed, or transmitted in any form or by any means, electronic States copyright law (Title 17, U.S. Code), no part of by Project HOPE The People-to-People Health Foundation. As provided by United Suite 600, Bethesda...
متن کاملCompetitive Franchising
We develop a spatial model of oligopolistic competition in which firms simultaneously choose franchise locations and prices, and consumers receive uncorrelated firmspecific location shocks. Remarkably, when firms only differ along the endogenous contestable spatial dimension, they earn zero profits: while ex-post consumer heterogeneity ensures positive gross profits, competition for market shar...
متن کاملthe tragedy of modern man in arthur millers world
what miller wants is a theatre of heightened consciousness. he speaks of two passions in a man, the passion to "feel" and the passion "know". he belives that we can have more of the latter. he says: drama is akin to the other inventions of man in that it ought to help us know more and not merely to spend our feelings. the writing of the crucible shows us that he is trying to give more heightene...
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ژورنال
عنوان ژورنال: Management
سال: 2020
ISSN: 2415-3206
DOI: 10.30857/2415-3206.2019.2.11