Rent Sharing in Multi‐Site Hog Production
通过一个三场地生猪生产的企业层面模型,比较了特许经营与联盟两种组织结构的利润分配效果,发现特许经营能更好缓解下游环节的减产问题,而联盟中下游环节利润损失更大。
Abstract A firm‐level model of three‐site hog production is used compare a franchise organizational structure to a three‐firm alliance. The results of the simulations imply that the franchise system is better equipped to mitigate underproduction in the nursery and finishing units, the nursery and finishing units lose relatively more profit than they otherwise would in an alliance. The pig‐space guatantee does little to offset the financial risk for the nursery and finishing units when underproduction occurs upstream (breeding, gestation, and farrowing unit).