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Stairway to heaven or highway to hell: Liquidity, sweat equity, and the uncertain path to ownership

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  • R. Vijay Krishna
  • Giuseppe Lopomo
  • Curtis R. Taylor

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Suggested Citation

  • R. Vijay Krishna & Giuseppe Lopomo & Curtis R. Taylor, 2013. "Stairway to heaven or highway to hell: Liquidity, sweat equity, and the uncertain path to ownership," RAND Journal of Economics, RAND Corporation, vol. 44(1), pages 104-127, March.
    • Handle: RePEc:bla:randje:v:44:y:2013:i:1:p:104-127
    DOI: 1756-2171.12013
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    Citations

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    Cited by:

    1. Panova, Elena & Garrett, Daniel F., 2023. "Regulating investments when both costs and need are private," TSE Working Papers 23-1429, Toulouse School of Economics (TSE).
    2. Guo, Yingni & Hörner, Johannes, 2015. "Dynamic Mechanisms without Money," Economics Series 310, Institute for Advanced Studies.
    3. Krähmer, Daniel & Strausz, Roland, 2022. "Dynamic Screening with Verifiable Bankruptcy," Rationality and Competition Discussion Paper Series 348, CRC TRR 190 Rationality and Competition.
    4. Alex Bloedel & R. Vijay Krishna & Oksana Leukhina, 2018. "Insurance and Inequality with Persistent Private Information," Working Papers 2018-020, Federal Reserve Bank of St. Louis, revised 11 Aug 2024.
    5. Krasikov, Ilia & Lamba, Rohit, 2021. "A theory of dynamic contracting with financial constraints," Journal of Economic Theory, Elsevier, vol. 193(C).
    6. Santiago R. Balseiro & Vahab S. Mirrokni & Renato Paes Leme, 2018. "Dynamic Mechanisms with Martingale Utilities," Management Science, INFORMS, vol. 64(11), pages 5062-5082, November.
    7. Vahab Mirrokni & Renato Paes Leme & Pingzhong Tang & Song Zuo, 2020. "Non‐Clairvoyant Dynamic Mechanism Design," Econometrica, Econometric Society, vol. 88(5), pages 1939-1963, September.
    8. Guo, Yingni & Hörner, Johannes, 2020. "Dynamic Allocation without Money," TSE Working Papers 20-1133, Toulouse School of Economics (TSE).
    9. Yingni Guo & Johannes Hörner, 2021. "Dynamic Allocation without Money," Working Papers hal-03187506, HAL.

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