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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Detalles Bibliográficos
Autor Principal: Roig, Guillem
Formato: Preimpresión (Preprint)
Lenguaje:Inglés (English)
Publicado: Toulouse School of Economics 2014
Materias:
Acceso en línea:https://repository.urosario.edu.co/handle/10336/29850