Unobservable investments, limited commitment, and the curse of firm relocation
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References listed on IDEAS
- Rey, Patrick & Salanie, Bernard, 1990. "Long-term, Short-term and Renegotiation: On the Value of Commitment in Contracting," Econometrica, Econometric Society, vol. 58(3), pages 597-619, May.
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- Daniel Nachtigall, 2016. "Climate policy under firm relocation: The implications of phasing out free allowances," Working Papers 2016007, Berlin Doctoral Program in Economics and Management Science (BDPEMS).
- Nachtigall, Daniel, 2016. "Climate policy under firm relocation: The implications of phasing out free allowances," Discussion Papers 2016/25, Free University Berlin, School of Business & Economics.
More about this item
Keywordsmoral hazard; contract theory; limited commitment; firrm mobility; abatement capital;
- D82 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Asymmetric and Private Information; Mechanism Design
- D86 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Economics of Contract Law
- L51 - Industrial Organization - - Regulation and Industrial Policy - - - Economics of Regulation
NEP fieldsThis paper has been announced in the following NEP Reports:
- NEP-BEC-2016-02-29 (Business Economics)
- NEP-MIC-2016-02-29 (Microeconomics)
- NEP-REG-2016-02-29 (Regulation)
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