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Overinvestment in General Capital Provokes Underinvestment in Specific Capital


  • Otani, Kiyoshi


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  • Otani, Kiyoshi, 1998. "Overinvestment in General Capital Provokes Underinvestment in Specific Capital," Economic Review, Hitotsubashi University, vol. 49(2), pages 121-133, April.
  • Handle: RePEc:hit:ecorev:v:49:y:1998:i:2:p:121-133

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    1. Farrell, Joseph & Shapiro, Carl, 1989. "Optimal Contracts with Lock-In," American Economic Review, American Economic Association, vol. 79(1), pages 51-68, March.
    2. Dow, Gregory K., 1985. "Internal bargaining and strategic innovation in the theory of the firm," Journal of Economic Behavior & Organization, Elsevier, vol. 6(3), pages 301-320, September.
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