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in their retailers on a yearly basis, through writing new contracts. This renovation contradicts the alternative …
Persistent link: https://www.econbiz.de/10014159124
in their retailers on a yearly basis, through writing new contracts. This renovation contradicts the alternative …
Persistent link: https://www.econbiz.de/10014035401
We analyze empirically the allocation of rights and monetary incentives in automobile franchise contracts. These … contracts substantially restrict the decision rights of dealers and grant manufacturers extensive contractual completion and …
Persistent link: https://www.econbiz.de/10005772089
This article illustrates how contracts are completed ex post in practice and, in so doing, indirectly suggests what the … real function of contracts may be. Our evidence comes from the contracts between automobile manufacturers and their dealers … in 23 dealership networks in Spain. Franchising dominates automobile distribution because of the need to decentralize …
Persistent link: https://www.econbiz.de/10005772526
(contracts), and internal governance (agency). …
Persistent link: https://www.econbiz.de/10009004295
observed separations occurred in distribution networks that underwent marked reductions in worker unionization rates, following … the legalization of temporary labor contracts. …
Persistent link: https://www.econbiz.de/10005704934
This article studies, from an agency perspective, the factors that explain the franchisor decision to integrate versus franchise its outlets. The analysis of a sample of Spanish franchise networks shows that franchising is more likely when: a) the costs of inefficient risk allocation between...
Persistent link: https://www.econbiz.de/10005736189
Asymmetric pricing or asymmetric price adjustment is the phenomenon where prices rise more readily than they fall. We offer and provide empirical support for a new theory of asymmetric pricing in wholesale prices. Wholesale prices may adjust asymmetrically in the small but symmetrically in the...
Persistent link: https://www.econbiz.de/10012140617
of the results for the asymmetric pricing, distribution channels and cost of price adjustment literatures, and …
Persistent link: https://www.econbiz.de/10013204748
of the results for the asymmetric pricing, distribution channels and cost of price adjustment literatures, and …
Persistent link: https://www.econbiz.de/10008540676