EPISODE · Jun 22, 2009 · 57 MIN
Michael Munger on Franchising, Vertical Integration, and the Auto Industry
from EconTalk · host Library of Economics and Liberty
Michael Munger, of Duke University, talks with EconTalk host Russ Roberts about franchising, particularly car dealerships. Munger highlights how the dealers used state regulations to protect their profits and how bankruptcy appears to be unraveling that strategy. The main themes of the conversation are the incentives in the franchising relationship and the evolution of the auto industry in the United States over the last forty years.
What this episode covers
Michael Munger, of Duke University, talks with EconTalk host Russ Roberts about franchising, particularly car dealerships. Munger highlights how the dealers used state regulations to protect their profits and how bankruptcy appears to be unraveling that strategy. The main themes of the conversation are the incentives in the franchising relationship and the evolution of the auto industry in the United States over the last forty years.
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Michael Munger on Franchising, Vertical Integration, and the Auto Industry
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