operators. Second, a problem of moral hazard is revealed, which is able to appear through the implementation of franchising …

franchising schemes with independent divisions. This is particularly interesting because it can be applied to several industries …

advantage in the conflict or that the joint production process exhibits increasing returns. Nor is there any presumption that …, the formation of alliances tends to reduce the severity of the conflict over the contestable resource. Furthermore …, despite the internal conflict that arises among the winning alliance’s members over the distribution of their joint product …