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The Hold-Up Problem and Incomplete Contracts: A Survey of Recent Topics in Contract Theory

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  • Schmitz, Patrick W.

Abstract

This article provides a non-technical survey on recent topics in the theory of contracts. The hold-up problem is presented and the incomplete contracts approach is discussed. Emphasis is put on conceptual problems and open questions that await further research.

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File URL: http://mpra.ub.uni-muenchen.de/12562/
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Bibliographic Info

Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 12562.

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Date of creation: 2001
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Handle: RePEc:pra:mprapa:12562

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Keywords: Contract Theory; Hold-Up Problem; Incomplete Contracts;

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References

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