Vertical Integration as a Source of Hold-up
نویسندگان
چکیده
منابع مشابه
Acquisition and Disclosure of Information as a Hold-up Problem
The acquisition of information prior to sale gives rise to a hold-up situation quite naturally. Yet, while the bulk of the literature on the hold-up problem considers negotiations under symmetric information where cooperative short-cuts such as split the di¤erence capture the outcome of bargaining, in the present setting, parties negotiate under asymmetric information where the outcome must be ...
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ژورنال
عنوان ژورنال: The Review of Economic Studies
سال: 2015
ISSN: 0034-6527,1467-937X
DOI: 10.1093/restud/rdv035