  We study jet production in photon-photon reactions at the next-to-leading
logarithm accuracy. Special emphasis is placed on the discussion of the
theoretical uncertainties and on the role of the hadronic component of the
photon structure function. We also discuss subtleties in the quasi-real photon
spectrum when the photon is involved in a large transverse momentum reaction.
The phenomenology at TRISTAN energies is discussed and predictions are made for
LEP and a $1\ TeV$ \epem collider.
