Franchising is an important and controversial form of vertical integration. Allegations of opportunistic behavior by franchisors have led to calls for public regulation and in some states "fairness in franchising" laws. The advisability of such regulation depends on the long-run incentives to franchise. If franchising is a temporary step on the path to complete ownership integration, regulation may be called for. Alternatively, if complete or partial franchising is a permanen t market solution, regulation is at least contestable. This paper offer s new evidence on the incentives to franchise. Copyright 1988 by American Economic Association.
Download Info
To download:
If you experience problems downloading a file, check if you have the
proper application to
view it first. Information about this may be contained
in the File-Format links below. In case of further problems read
the IDEAS help
page. Note that these files are not on the IDEAS
site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Volume (Year): 78 (1988) Issue (Month): 5 (December) Pages: 954-68 Download reference. The following formats are available: HTML
(with abstract),
plain text
(with abstract),
BibTeX,
RIS (EndNote, RefMan, ProCite),
ReDIF
For technical questions regarding this item, or to correct its listing, contact: (Christopher F. Baum).
Related research
Keywords:
Other versions of this item:
Cited by: (explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)
Van den Steen, Eric, 2005.
"Too Motivated?,"
Working papers
18180, Massachusetts Institute of Technology (MIT), Sloan School of Management.
[Downloadable!]