Competition and the hold-up problem: a setting with non exclusive contracts
This work studies how the introduction of competition to the side of the market offering trading contracts affects the equilibrium investment profile in a bilateral investment game. By using a common agency framework, where contracts are not exclusive, we find that the equilibrium investment prof...
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| Formato: | Preimpresión (Preprint) |
| Lenguaje: | Inglés (English) |
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Toulouse School of Economics
2014
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| Acceso en línea: | https://repository.urosario.edu.co/handle/10336/29850 |