A note on the profit distribution among a manufacturer and its retailers

研究成果: Article査読

抄録

Examining two polar forms of restricted franchise contract, Nariu (2004) studied the pricing behavior of manufacturers and retailers and the market outcomes. This note provides a concise justification for his assumptions on contractual restraints. Introducing some fixed amount that a manufacturer must invest to build up its production facility, we show that a bargaining solution to distribute the total net profit among a manufacturer and its exclusive retailers assigns zero franchise fee payment to any retailers, if the investment is not large.

本文言語English
ジャーナルEconomics Bulletin
12
1
出版ステータスPublished - 2005 12 1
外部発表はい

ASJC Scopus subject areas

  • 経済学、計量経済学および金融学(全般)

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