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The Role of Residual Claims and Self-Enforcement in Franchise Contracting

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NBER2002-03-01 更新2025-01-04 收录
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Much of the economic literature on franchising has been concerned with incentive issues and how these are managed in franchised contracts. Two main types of incentive mechanisms have been identified: residual claims and self enforcement. In this paper we describe these incentive mechanisms, and

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2002-03-01
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