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...

The saturation of the domestic market is one of the factors which drive firms to expand their business to other markets. Franchising is one of the formats adopted by companies when establishing their internationalization strategy. Spain is a country where franchising is strongly consolidated. This degree of maturity means that many chains seek other countries in which to operate. This work's sp...

BACKGROUND Quality is central to understanding provider motivations to join and remain within a social franchising network. Quality also appears as a key issue from the client's perspective, and may influence why a client chooses to use a franchised provider over another type of provider. The dynamic relationships between providers of social franchising clinics and clients who use these service...

A one-unit repairable system, supported by r repair facilities and s spare units, fails when all units are down and are undergoing or awaiting repair. Under the perfect repair policy and instantaneous commencement of repair and installation to operation, the limiting average availability of the system is obtained when the lifetime has a density function and the repair time is exponentially dist...

The lex mercatoria has gained increasing importance in the field of international commercial law. International Chamber Commerce (ICC) is a leading organization among those that have made important contributions to development within this field. In our study general information given about concept and sources new mercatoria; additionaly, properties both model contracts ICC are explained. Then, ...

A convenient, one-pot method for the synthesis of diazonium salt has been developed by the sequential diazotization of aromatic amines with NaNO2, polymer- supported periodic acid (PPIA) and 2-naphthole under solvent-free conditions at room temperature. By using this method, several types of aromatic amine, containing electron-withdrawing and electron-donating groups, were rapidly converted to ...