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Balancing Hazards in the Design of Local Franchise Contracts

โœ Scribed by Malatesta, D.; Smith, C. R.

Book ID
125522776
Publisher
SAGE Publications
Year
2012
Tongue
English
Weight
889 KB
Volume
48
Category
Article
ISSN
1078-0874

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## Abstract Tying in franchise contracts has been the subject of considerable antitrust litigation and theoretical analysis. Tying can enhance efficiency by increasing standardization and reducing monitoring costs, or it can be used with market power for price discrimination. In this paper, I repor