incentives. There may be disadvantages in merging two firms even when such a merger allows the internalization of externalities …

incentives. There may be disadvantages in merging two firms even when such a merger allows the internalization of externalities …

We study the implementability of stable correspondences in marriage markets with externalities. We prove that, contrary … to what happens in markets without externalities, no stable revelation mechanism makes a dominant strategy for the agents …

franchisees to benefit from positive externalities in the franchise network through interfranchise transfers based on the …, we show that, in general, interfranchise transfers between franchisees and incentives for franchisee investment in the …