Strategic investment in a debt-bargaining framework
نویسندگان
چکیده
منابع مشابه
Investment and Bargaining∗
We consider bargaining between two players who may invest ex ante in their agreement and disagreement payoffs. We characterize necessary conditions on equilibrium investment strategies in this environment, describe how investments and the probability of outcomes must vary across mechanisms, and specify what equilibrium conditions imply for constraints on various aspects of the design environmen...
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ژورنال
عنوان ژورنال: The Journal of International Trade & Economic Development
سال: 1993
ISSN: 0963-8199,1469-9559
DOI: 10.1080/09638199300000003