Cozzarin, Brian P.; Westgren, Randall E. - In: American Journal of Agricultural Economics 82 (2000) 1, pp. 25-37
A firm-level model of three-site hog production is used compare a franchise organizational structure to a three-firm alliance. The results of the simulations imply that the franchise system is better equipped to mitigate underproduction in the nursery and finishing units, the nursery and...