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 |