Albæk, Svend; Overgaard, Per Baltzer - Centre for Industrial Economics (CIE), Økonomisk Institut - 1998
We study the role of two-part transfer schemes as signals of consumer demand from a privately informed franchisor to an uninformed franchisee. Distortions in the wholesale price and the up-front franchise fee offered by the high demand franchisor may possibly separate the different types of...