Skip to main content

Former Director, Bureau of Economics

Selected Publications

  • “Franchising and Exclusive Distribution: Adaptation and Antitrust” (with Margaret Slade), in Oxford Handbook on International Antitrust Economics, Roger Blair and Daniel Sokol (eds.), Oxford University Press, 2014.
  • “Incentive and Strategic Contracting: Implications for the Franchise Decision,” (with Margaret E. Slade) in Game Theory and Business Applications, Second Edition, K. Chatterjee and W. Samuelson (eds.) Kluwer Academic Press, 2014.
  • “Inter-Firm Contracts: The Evidence” (with Margaret Slade), in Handbook of Organizational Economics, R. Gibbons and J. Roberts (eds.) Princeton University Press, 2013.
  • “Too Far Away? The Effect of Distance to Headquarters on Business Establishment Performance” (with Arturs Kalnins). 2013. American Economic Journal: Microeconomics, 5(3): 157-79.
  • “Organizational Form and Performance: Evidence from the Hotel Industry,” (with Renáta Kosová and Rozenn Perrigot). 2013. The Review of Economics and Statistics, 95(4): 1303-1323
  • “Transaction Cost Economics and Vertical Market Restrictions—Evidence”  (with Margaret Slade), The Antitrust Bulletin, 55 (3), Fall 2010.
  • “Markets: State Franchise Laws, Dealer Terminations, and the Auto Crisis” (with Fiona Scott Morton), Journal of Economic Perspectives, 24 (3): 233-50, 2010.
  • “Do Labor Market Rigidities Have Microeconomic Effects: Evidence from Within the Firm,” (with Jagadeesh Sivadasan), American Economic Journal – Applied, 1 (2): 88-127, 2009.
  • “Empirical Assessment of Exclusive Contracts” (with Margaret Slade), in Handbook of Antitrust Economics, Paolo Buccirossi (ed.) Cambridge: MIT Press, 2008.
  • “Vertical Integration and Firm Boundaries: The Evidence” (with Margaret Slade), Journal of Economic Literature, 45: 629-685, 2007.
  • “Understanding the Economics of Franchising and the Laws That Regulate It” (with Roger Blair), Franchise Law Journal, 26: 2-13, 2006.
  • “Targeting Managerial Control: Evidence from Franchising” (with Kathryn L. Shaw), RAND Journal of Economics, 36, 2005, 131-150.
  • “The Dynamics of Franchise Contracting: Evidence from Panel Data” (with Kathryn L. Shaw), The Journal of Political Economy, 107, 1999, 1041-1080.
  • “Will Khan Foster or Hinder Franchising? An Economic Analysis of Maximum Resale Price Maintenance” (with Roger Blair), Journal of Public Policy in Marketing, 18, 1999, 25-36.


The Economics of Franchising (with Roger Blair), Cambridge: Cambridge University Press, 2005 and 2011.

Selected Presentations

  • "Serial Entrepreneurship: Learning by Doing?" NBER Summer Institute, Cambridge, Massachusetts, 2014
  • "Franchising: Economics and Policy International Workshop on Franchising, Retail & Service Chains," Université de Rennes 1, 2014
  • "Delegation and Pay-for-Performance: Evidence from Industrial Sales Forces," International Society of New Institutional Economics Meetings, Florence, Italy, 2013

Join us at the FTC!

View our open positions