The Economics of Franchising
Blair, Roger D. / Lafontaine, Francine![The Economics of Franchising](https://support.digitalhusky.com/media/annotations/sorted/137/1370085/CHSBZCOP031370085.jpg)
It describes both how and why franchising works. It also analyses the economic tensions that contribute to conflict in the franchisor-franchisee relationship. The book includes a great deal of empirical evidence on franchising not available anywhere else. The economic analysis of the franchisor-franchisee relationship begins with the observation that for franchisors, franchising is a contractual alternative to vertical integration. Subsequentl...