Divisionalization and franchising incentives with integral competing units

被引：15
|
作者：
Baye, MR
Crocker, KJ
Ju, JD
机构：
[1] PENN STATE UNIV,DEPT ECON,UNIVERSITY PK,PA 16802
[2] UNIV OKLAHOMA,DEPT ECON,NORMAN,OK 73019
来源：
ECONOMICS LETTERS | 1996年 / 50卷 / 03期
关键词：
division; franchise; divestiture; parent firm;
D O I：
10.1016/0165-1765(95)00779-2
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
Existing game-theoretic models of divisionalization and franchising treat each firm's number of competing units as a continuous variable. We account for the integer constraint on divisions, and show that the continuous case reasonably approximates the equilibria of the discrete game.
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页码：429 / 435
页数：7
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