Privatization and Restructuring: An Incomplete--Contract Approach
This paper deals with a special hold-up problem in privatization.
|Date of creation:||Jun 1996|
|Date of revision:|
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- Mathias Dewatripont & Philippe Aghion & Patrick Rey, 1994.
"Renegotiation design with unverifiable information,"
ULB Institutional Repository
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- Georg Nöldeke & Klaus M. Schmidt, 1992.
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- Nöldeke, Georg & Schmidt, Klaus M., 1995. "Option contracts and renegotiation: A solution to the Hold-Up Problem," Munich Reprints in Economics 19329, University of Munich, Department of Economics.
- Bos, Dieter & Lulfesmann, Christoph, 1996. " The Hold-Up Problem in Government Contracting," Scandinavian Journal of Economics, Wiley Blackwell, vol. 98(1), pages 53-74, March.
- Roland, Gerard, 1994.
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- Roland, Gérard, 1994. "On the Speed and Sequencing of Privatization and Restructuring," CEPR Discussion Papers 942, C.E.P.R. Discussion Papers.
- Bos, Dieter, 1993. "Privatization in Europe: A Comparison of Approaches," Oxford Review of Economic Policy, Oxford University Press, vol. 9(1), pages 95-111, Spring.
- Oliver Hart & John Moore, 1985.
"Incomplete Contracts and Renegotiation,"
367, Massachusetts Institute of Technology (MIT), Department of Economics.
- De Fraja, Gianni, 1999. "After You Sir. Hold-Up, Direct Externalities, and Sequential Investment," Games and Economic Behavior, Elsevier, vol. 26(1), pages 22-39, January.
- Richard Green & Catherine Waddams Price, 1995. "Liberalisation and divestiture in the UK energy sector," Fiscal Studies, Institute for Fiscal Studies, vol. 16(1), pages 75-89, February.
- Tai-Yeong Chung, 1991. "Incomplete Contracts, Specific Investments, and Risk Sharing," Review of Economic Studies, Oxford University Press, vol. 58(5), pages 1031-1042.
- unknown, 1993. "Privatization in Europe: A comparison of approaches," Discussion Paper Serie A 376, University of Bonn, Germany.
- James Dearden & Dorothy Klotz, 1996. "Investment timing and efficiency in incomplete contracts," Review of Economic Design, Springer;Society for Economic Design, vol. 2(1), pages 369-378, December.
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