Reciprocity and Veto Power in Relation-Specific Investments: An Experimental Study

Relation-specific investments are usually associated with great risk. Investors, afraid of being held up, are likely to invest too little, endangering both financial and organizational sustainability. Theory suggests that relation-specific investment decisions are mainly affected by potential ex-pos...

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Bibliographic Details
Main Authors: Kaiming Zheng, Xiaoyuan Wang, Debing Ni, Yang Yang
Format: Article
Language:English
Published: MDPI AG 2020-05-01
Series:Sustainability
Subjects:
Online Access:https://www.mdpi.com/2071-1050/12/10/4027