Holdups and holdouts: What do they have in common?

The holdup and holdout problems arise in different contexts, but they share certain fundamental similarities that have not generally been recognized. This paper characterizes the commonalties between the two problems and their remedies.

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Year of publication:	2012
Authors:	Miceli, Thomas J. ; Segerson, Kathleen
Published in:	Economics Letters. - Elsevier, ISSN 0165-1765. - Vol. 117.2012, 1, p. 330-333
Publisher:	Elsevier
Subject:	Holdup problem \| Holdout problem \| Non-salvageable investments \| Eminent domain

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Type of publication:	Article
Classification:	D23 - Organizational Behavior; Transaction Costs; Property Rights ; K11 - Property Law ; L14 - Transactional Relationships; Contracts and Reputation; Networks ; L23 - Organization of Production
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010580522