Der Effekt von Nachverhandlungen auf Investitionen mit Eigen- und Fremdwirkung
AbstractThis paper discusses the literature that explores the effects of anticipated renegotiations on investment incentives. The results depend upon whether or not a party’s investment has a direct externality on another party’s payoff.
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Bibliographic InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 6945.
Date of creation: 2000
Date of revision:
Publication status: Published in Wirtschaftswissenschaftliches Studium 6.29(2000): pp. 328-330
Find related papers by JEL classification:
- D86 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Economics of Contract Law
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- Maskin, Eric & Tirole, Jean, 1999. "Unforeseen Contingencies and Incomplete Contracts," Review of Economic Studies, Wiley Blackwell, vol. 66(1), pages 83-114, January.
- Aaron S. Edlin & Stefan Reichelstein, 1997.
"Holdups, Standard Breach Remedies, and Optimal Investment,"
NBER Working Papers
5007, National Bureau of Economic Research, Inc.
- Edlin, Aaron S & Reichelstein, Stefan, 1996. "Holdups, Standard Breach Remedies, and Optimal Investment," American Economic Review, American Economic Association, vol. 86(3), pages 478-501, June.
- Eric Maskin & John Moore, 1999.
"Implementation and Renegotiation,"
Harvard Institute of Economic Research Working Papers
1863, Harvard - Institute of Economic Research.
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