Bar-Gill, Oren (contributor); Fershtman, Chaim (contributor) - 2003 - [Elektronische Ressource]
, 2003
The Foerder Institute for Economic Research
and
The Sackler Institute of Economic Studies … seller and
a buyer negotiate the price of a product. After the contract is signed an “unforeseen”
event may occur raising … the seller’s cost of performance. Given such an event the seller
may ask to renegotiate the contract. The threat point in …