Vertical restraints and the law: Evidence from automobile franchising

Journal of Law and Economics

Volumn 52, Issue 4, 2009, Pages 691-700

  Zanarone, Giorgio ^a  

^a Ciudad Universitaria   (Spain)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 70349197286     PISSN: 00222186     EISSN: None     Source Type: Journal    
DOI: 10.1086/595765     Document Type: Article

References (30)

1. Arruñada, Benito, Luis Garicano, and Luis Vázquez. 2001. Contractual Allocation of Decision Rights and Incentives: The Case of Automobile Distribution. Journal of Law, Economics, and Organization 15:56-73.
2. Baker, George, Robert Gibbons, and Kevin J. Murphy. 2009. Relational Adaptation in Contracts, Firms, and Other Governance Structures. Unpublished manuscript. University of Southern California, Marshall School of Business, Los Angeles.
3. Brickley, James A. 1999. Incentive Conflicts and Contractual Restraints: Evidence from Franchising. Journal of Law and Economics 42:745-774
4. ---. 2002. Royalty Rates and Upfront Fees in Share Contracts: Evidence from Franchising. Journal of Law, Economics, and Organization 18:511-535
5. Brickley, James A., Frederick H. Dark, and Michael S. Weisbach. 1991. The Economic Effect of Franchise Termination Laws. Journal of Law and Economics 34:101-132
6. Hadfield, Gillian K. 1990. Problematic Relations: Franchising and the Law of Incomplete Contracts. Stanford Law Review 42:927-992
7. HWB International. 2005. GMAP European Car Distribution Handbook 2005. Warwick: HWB International, Ltd.
8. Ippolito, Pauline M. 1991. Resale Price Maintenance: Economic Evidence from Litigation. Journal of Law and Economics 34:263-294
9. Ippolito, Pauline M., and Thomas R. Overstreet, Jr. 1996. Resale Price Maintenance: An Economic Assessment of the Federal Trade Commission's Case against the Corning Glass Works. Journal of Law and Economics 39:285-328.
10. Klein, Benjamin. 1980. Transaction Cost Determinants of Unfair Contractual Arrangements. American Economic Review 70:356-362
11. ---. 1995. The Economics of Franchise Contracts. Journal of Corporate Finance 2: 9-37.
12. ---. 2000. The Role of Incomplete Contracts in Self-Enforcing Relationships. Revue d'Economie Industrielle 92:67-80.
13. Klein, Benjamin, and Kevin M. Murphy. 1988. Vertical Restraints as Contract Enforcement Mechanisms. Journal of Law and Economics 31:265-297
14. Lafontaine, Francine. 1992. Agency Theory and Franchising: Some Empirical Results. RAND Journal of Economics 23:263-283
15. Lafontaine, Francine, and Emmanuel Raynaud. 2002. Residual Claims and Self-Enforcement as Incentive Mechanisms in Franchise Contracts: Substitutes or Complements? Pp. 315-37 in The Economics of Contracts: Theories and Applications, edited by Eric Brousseau and Jean Michel Glachant. New York: Cambridge University Press.
16. Lafontaine, Francine, and Margaret Slade. 2008. Exclusive Contracts and Vertical Restraints. Pp. 391-415 in Handbook of Antitrust Economics, edited by Paolo Buccirossi. Cambridge, Mass.: MIT Press.
17. Marvel, Howard P., and Stephen McCafferty. 1984. Resale Price Maintenance and Quality Certification. RAND Journal of Economics 15:340-359
18. Mathewson, Frank G., and Ralph A. Winter. 1983. Vertical Integration by Contractual Restraints in Spatial Markets. Journal of Business 56:497-517.
19. ---. 1984. An Economic Theory of Vertical Restraints. RAND Journal of Economics 15:27-38.
20. ---. 1994. Territorial restrictions in franchise contracts. Economic Inquiry 32:181-192
21. Meese, Alan J. 2004. Property Rights and Intrabrand Restraints. Cornell Law Review 89: 553-620.
22. Rey, Patrick, and Jean Tirole. 1986. The Logic of Vertical Restraints. American Economic Review 76:921-939
23. Rey, Patrick, and Thibaud Vergé. 2008. The Economics of Vertical Restraints. Pp. 353-91 in Handbook of Antitrust Economics, edited by Paolo Buccirossi. Cambridge, Mass.: MIT Press.
24. Smith, Richard, II. 1982. Franchise Regulation: An Economic Analysis of State Restrictions on Automobile Distribution. Journal of Law and Economics 25:125-157
25. Spengler, Joseph. 1950. Vertical Integration and Antitrust Policy. Journal of Political Economy 58:347-352
26. Telser, Lester G. 1960. Why Should Manufacturers Want Fair Trade? Journal of Law and Economics 3:86-108.
27. ---. 1990. Why Should Manufacturers Want Fair Trade II? Journal of Law and Economics 33:409-417
28. Tirole, Jean. 1988. The Theory of Industrial Organization. Cambridge, Mass.: MIT Press.
29. Winter, Ralph A. 1993. Vertical Control and Price versus Non-price Competition. Quarterly Journal of Economics 108:61-76.
30. Zanarone, Giorgio. 2007. Vertical Restraints in Relational Contracts. Unpublished manuscript. Universitat Pompeu Fabra, Department of Economics and Business, Barcelona. http://www.econ.upf.edu/~zanarone.