Franchising combines the comparative advantagesof a business chain's brand recognition and economies of scale with the localdrive and knowledge of the franchisee. This book describes how and whyfranchising works and examines the economic tensions that bring conflict to thefranchisor and...

Antitrust economics is a subset of industrial organization economics. What makes antitrust economics rather unique is the centrality of economic analysis to the development of antitrust law and policy. In the United States antitrust economics guides all antitrust analysis by government enforcers...

The economics of monopsony power results in lower wages and other forms of compensation, as well as reduced employment. Wealth is transferred from workers to their employers. In addition, the employer's output is reduced, which leads to increased prices for consumers. Monopsony in Labor Markets...