Destructing the hold-up

C-Tier
Journal: Economics Letters
Year: 2011
Volume: 111
Issue: 3
Pages: 247-248

Score contribution per author:

1.005 = (α=2.01 / 1 authors) × 0.5x C-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

In an example of hold-up, giving the investing party the ability to destroy his relationship-specific investment can accommodate equilibria without under-investment. It suggests that destruction can be a possible incentive device in enhancing efficiency in bilateral relationships with hold-up.

Technical Details

RePEc Handle
repec:eee:ecolet:v:111:y:2011:i:3:p:247-248
Journal Field
General
Author Count
1
Added to Database
2026-01-26