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Real options in franchise contracting: an application of transaction cost and real options theory
Previous research has not explained the use of real option clause in franchise contracting. The real option clause has two economic functions: To...
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Horizontal Mergers and Supplier Power
Supplier market power—such as the ability of branded goods suppliers to dictate terms to retailers—is an important feature of many markets. We show...
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Applications of Production Theory in Transportation
In this chapter, the experience of production and cost analysis in transportation is reviewed. The key production and cost analysis needs of the...
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The Innovation and Development of Enterprise Theory
The reform of state-owned enterprises (i.e., state-owned industrial and commercial enterprises) is the most important, and the most difficult and...
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From Manufacturing to Service
This chapter mainly introduces Geely’s cultivation of brand-new business competitive advantages by facilitating the deep integration of manufacturing...
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Dynamics of Competition: Dominance, Platforms and Antitrust Abuse
This chapter is on ex-post dominance and its changing contours from traditional product markets to platform markets. Selective cases in real estate,...
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Multi-unit franchising strategies: a real options logic
Theories of the firm so far applied to explain franchising struggle to enlighten its operational extensions, such as multi-unit franchise...
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China Strategic Analysis
Research excellence is emphatically a crucial element of preparation in negotiations and plays a significant role. Further, research can be...
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Applications of Production Theory in Transportation
In this chapter, the experience of production and cost analysis in transportation is reviewed. The key production and cost analysis needs of the...
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Urban Amenities: Electricity, Gas, and Tramways
In the decades after federationfederation, one of the most important networknetwork utility developments involved the construction of large-scale...
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The Construction and Theoretical Innovation of the Socialist Market System
China’s economic reform has moved forward along two main development paths. One is the introduction of the market mechanism through price...
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Intermunicipal Cooperation
Intermunicipal cooperation represents a crucial alternative to municipal mergers in the structural reorganization of local government service...
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Digital Economy and Competition
As the digital economy has grown, data has become a more valuable and significant resource. Knowledge-based technological competencies are...
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Service trade restrictiveness and internationalisation of retail trade
Based on a review of recent economic theories dealing with the internationalisation of firms and a discussion of necessary adaptations of these...
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Reform of the Energy Sector
This chapter discusses the reformReform and restructuring of energy industries and presents the issues related to these structural changes in the...
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Public Ownership in the Pursuit of Economic Democracy in a Post-Neoliberal Order
Nowhere are the failings of the neoliberal political and economic order more evident than in its signature project of privatisation. As privatisation...
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Variation in organizational practices: are startups really different?
The idea that new ventures are simple mimetic reflections of the organizational practices of existing organizations contradicts the recognized...
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Preference Aggregation by Voting
Anna, Belle, and Chris want to spend the afternoon together. They consider to either play miniature golf, or go on a bicycle tour, or go for a swim....
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A Primer on Public Sector Evaluations
This chapter provides a brief survey of the program evaluation methods, their objectives, strengths, and weaknesses. The chapter first presents...