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Der Lock in Effekt und das Hold up Problem

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  • Ewerhart, Christian
  • Schmitz, Patrick W.

Abstract

In this paper we discuss "lock in effects" and "hold-up problems" (which occur when relationship-specific investments are sunk).

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File URL: http://mpra.ub.uni-muenchen.de/6944/
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Bibliographic Info

Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 6944.

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Date of creation: 1997
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Publication status: Published in Wirtschaftswissenschaftliches Studium 7.26(1997): pp. 360-363
Handle: RePEc:pra:mprapa:6944

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References

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  1. Grout, Paul A, 1984. "Investment and Wages in the Absence of Binding Contracts: A Nash Bargining Approach," Econometrica, Econometric Society, Econometric Society, vol. 52(2), pages 449-60, March.
  2. Hardman Moore, John & Hart, Oliver, 1985. "Incomplete Contracts and Renegotiation," CEPR Discussion Papers, C.E.P.R. Discussion Papers 60, C.E.P.R. Discussion Papers.
  3. Rogerson, William P, 1992. "Contractual Solutions to the Hold-Up Problem," Review of Economic Studies, Wiley Blackwell, Wiley Blackwell, vol. 59(4), pages 777-93, October.
  4. Aghion, Philippe & Dewatripont, Mathias & Rey, Patrick, 1994. "Renegotiation Design with Unverifiable Information," Econometrica, Econometric Society, Econometric Society, vol. 62(2), pages 257-82, March.
  5. Grossman, Sanford J & Hart, Oliver D, 1986. "The Costs and Benefits of Ownership: A Theory of Vertical and Lateral Integration," Journal of Political Economy, University of Chicago Press, University of Chicago Press, vol. 94(4), pages 691-719, August.
  6. Jean Tirole, 1985. "Procurement and Renegotiation," Working papers, Massachusetts Institute of Technology (MIT), Department of Economics 362, Massachusetts Institute of Technology (MIT), Department of Economics.
  7. Paul Joskow, 1984. "Vertical Integration and Long Term Contracts: The Case of Coal Burning Electric Generating Plants," Working papers, Massachusetts Institute of Technology (MIT), Department of Economics 361, Massachusetts Institute of Technology (MIT), Department of Economics.
  8. Aghion, Philippe & Dewatripont, Mathias & Rey, Patrick, 1994. "Renegotiation Design with Unverifiable Information," Scholarly Articles 12375014, Harvard University Department of Economics.
  9. Ewerhart, Christian & Schmitz, Patrick W., 1996. "Die theoretische Fundierung unvollständiger Verträge," MPRA Paper 6947, University Library of Munich, Germany.
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Cited by:
  1. Stölzle, Wolfgang, 1999. "Industrial relationships," Publications of Darmstadt Technical University, Institute for Business Studies (BWL) 13655, Darmstadt Technical University, Department of Business Administration, Economics and Law, Institute for Business Studies (BWL).
  2. Spandau, Johannes, 2011. "Interne Prozessoptimierung und Auslagerung in der genossenschaftlichen FinanzGruppe: Erste Ergebnisse einer empirischen Erhebung," Arbeitspapiere 118, Westfälsche Wilhelms-Universität Münster (WWU), Institut für Genossenschaftswesen.
  3. Sonja Macke & Karin Holm-Müller, 2012. "Market-oriented Nature Conservation in the Context of Impact Regulation – A new Institutional Economics Perspective," CESifo DICE Report, Ifo Institute for Economic Research at the University of Munich, Ifo Institute for Economic Research at the University of Munich, vol. 9(4), pages 41-49, 02.

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