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Why royalties ? Evidence from French distribution networks

Author

Listed:
  • Muriel Fadairo

    (GATE Lyon Saint-Étienne - Groupe d'Analyse et de Théorie Economique Lyon - Saint-Etienne - ENS de Lyon - École normale supérieure de Lyon - UL2 - Université Lumière - Lyon 2 - UCBL - Université Claude Bernard Lyon 1 - Université de Lyon - UJM - Université Jean Monnet - Saint-Étienne - CNRS - Centre National de la Recherche Scientifique)

Abstract

This empirical note deals with the contractual design of relationships in distribution networks. In the framework of agency theory, I study the royalty rate as an incentive device for the upstream firm in maintaining brand-name value, using recent French data to estimate probit models. The results are consistent with the analytical framework.

Suggested Citation

  • Muriel Fadairo, 2011. "Why royalties ? Evidence from French distribution networks," Post-Print halshs-00560208, HAL.
    • Handle: RePEc:hal:journl:halshs-00560208
    Note: View the original document on HAL open archive server: https://shs.hal.science/halshs-00560208v3
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