Ahmadjian, Christina L.; Oxley, Joanne E. - In: Journal of Law, Economics and Organization 29 (2013) 3, pp. 485-512
Drawing on the hostage model of Williamson (1983. "Credible Commitments: Using Hostages to Support Exchange." The American Economic Review 73: 519--540) and recent studies identifying equity affiliation as a robust hostage in the Japanese automotive industry, we examine the relationship between...