Pricing Variation Within Dual-Distribution Chains: The Different Implications of Externalities and Signaling for High- and Low-Quality Brands

2017 ◽  
Vol 63 (1) ◽  
pp. 139-152 ◽  
Author(s):  
Arturs Kalnins
Keyword(s):  
2022 ◽  
Author(s):  
Zhiwen Zuo ◽  
Lei Zhao ◽  
Ailin Li ◽  
Zhizhong Wang ◽  
Haibo Chen ◽  
...  

1989 ◽  
Vol 18 (1) ◽  
pp. 1-17 ◽  
Author(s):  
Malcolm B. Coate ◽  
Mark R. Fratrik

1992 ◽  
Vol 11 (1) ◽  
pp. 33-44 ◽  
Author(s):  
Rajiv P. Dant ◽  
Patrick J. Kaufmann ◽  
Audhesh K. Paswan

Since the typical franchise arrangements permit the more powerful franchisors to simultaneously act as suppliers as well as competitors to their franchisees, apprehensions about potential opportunistic behaviors and allegations of antitrust violations are not uncommon. In turn, this unique structuring of franchises with dual distribution has drawn considerable scrutiny from the public policy platform. In particular, the ownership redirection hypothesis—that the powerful franchisors will reacquire the best franchised outlets relegating only the marginal units to franchisees—has received special attention because it verbalizes the worst fears associated with franchising. This paper provides an evaluation of this hypothesis. To do so, we examine (1) the key premises of the hypothesis from the perspectives of a number of related literatures and (2) the available empirical evidence on the hypothesis. Both aspects of the appraisal point to a number of unresolved issues with important public policy implications.


1991 ◽  
Vol 24 (9) ◽  
pp. 251-265 ◽  
Author(s):  
Gedaliah Shelef

Wastewater reclamation and reuse are becoming important components of the management of urban, regional and national water resources. Recently, not only countries with chronic water shortage, but also urban areas in temperate climates have considered and implemented wastewater reuse schemes expanding the scope of consumptive uses to include toilet flushing and landscape irrigation, using dual distribution systems and even the reuse as potable waters is being considered and evaluated. Israel is an example of intensive reuse in agricultural irrigation and much experience has been gained in treatment, seasonal reservoirs and establishing quality requirements. The economical justification of wastewater reuse schemes should take into account the overall treatment costs, the ‘environmental and health allowances', i.e. the cost of treatment required even when reuse is not practiced, the benefits of water and the savings in conveyance and pumping. The paper also briefly describes the two largest wastewater reclamation projects in Israel, namely: the Kishon Complex Scheme and the Dan Region Scheme, both aimed at unrestricted agricultural irrigation of all crops.


2010 ◽  
Vol 61 (1) ◽  
pp. 155-162 ◽  
Author(s):  
A. C. Hambly ◽  
R. K. Henderson ◽  
A. Baker ◽  
R. M. Stuetz ◽  
S. J. Khan

A rapid, highly sensitive method for detection of cross-connections between recycled and potable water in dual reticulation systems is required. The aim of this research was to determine the potential of fluorescence spectroscopy as a monitoring tool at three Australian dual distribution (drinking and recycled water) systems. Weekly grab samples of recycled and potable water were obtained over 12 weeks at each site and analysed for fluorescence excitation-emission matrix (EEM) spectroscopy, UV254, dissolved organic carbon (DOC), electrical conductivity and pH. Fluorescence EEM spectroscopy was able to differentiate between recycled and potable water at each site by monitoring the protein-like fluorescence at peak T—an excitation-emission wavelength pair of λex/em = 300/350 nm. While electrical conductivity was also able to distinguish between recycled and potable water, the differentiation was greatest when using fluorescence. For example, the peak T fluorescence in recycled water was up to 10 times that of potable water in comparison with electrical conductivity that had a maximum 5 times differentiation. Furthermore, by comparing the protein-like fluorescence at peak T and humic-like fluorescence at peak A (λex/em = 235/426 nm), the three different recycled water systems were able to be differentiated. Overall, fluorescence shows promise as a monitoring tool for detecting cross-connections.


Author(s):  
Dean R. Manna ◽  
Alan D. Smith ◽  
David P. Synowka

<p class="MsoNormal" style="text-align: justify; margin: 0in 0.5in 0pt;"><span style="mso-bidi-font-style: italic;"><span style="font-size: x-small;"><span style="font-family: Times New Roman;">The franchiser-franchisee relationship (FFR) can be examined from two theoretical perspectives, Agency Theory and Exchange Theory.<span style="mso-spacerun: yes;">&nbsp; </span>Strategic management of demands that the leadership makes decisions on what the company should do and what the company should not do.<span style="mso-spacerun: yes;">&nbsp; </span>This type of decision-making is called making trade-offs and has much to do with Agency Theory&rsquo;s applications to FFR.<span style="mso-spacerun: yes;">&nbsp; </span>One reason that operational effectiveness is the preferred way is that it has inherently little risks during the short term.<span style="mso-spacerun: yes;">&nbsp; </span>Managers would be willing to make decisions if the risks were not so high on the long term.<span style="mso-spacerun: yes;">&nbsp; </span>From the Agency Theory viewpoint, dual distribution can be analyzed in a cost versus cost trade-off schema.<span style="mso-spacerun: yes;">&nbsp; </span>The approach argues that both franchising and company ownership have costs associated with them.<span style="mso-spacerun: yes;">&nbsp; </span>Dual distribution is considered an internal solution to the cost tradeoff.<span style="mso-spacerun: yes;">&nbsp; </span>Some of the costs in question are inefficiency of client risk sharing, franchisees that are free riding and the legal costs of terminating a franchise.<span style="mso-spacerun: yes;">&nbsp; </span>Under dual distribution the mix of company ownership and franchising minimizes the sum of these total costs.<span style="mso-spacerun: yes;">&nbsp; </span>When looking at market demand and the impact strategic decisions may influence it several factors come into play, including point of sale service.<span style="mso-spacerun: yes;">&nbsp; </span>The components include the impact of outlet level services provided to the consumer enhancing value via the shopping experience, the franchiser&rsquo;s level of effort to streamline the supply chain to all retail outlets, which enhances the image and reputation of the brand with the customer.<span style="mso-spacerun: yes;">&nbsp; </span>Aspects of Agency Theory can be extended to include credible communication of franchise brand equity.<span style="mso-spacerun: yes;">&nbsp; </span></span></span></span></p>


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