Information control in the hold-up problem
We study the use of information control to mitigate hold-up risks. We identify a distinction between asymmetric information that creates an ex ante investment incentive and asymmetric information that causes ex post inefficiency, which then allows ex post inefficiency to be eliminated without compro...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Wiley-Blackwell Publishing, Inc.
2019
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| Online Access: | View Fulltext in Publisher |