Fehr, Ernst; Kremhelmer, Susanne; Schmidt, Klaus M. - Volkswirtschaftliche Fakultät, … - 2004
Lecture on the first SFB/TR 15 meeting, Gummersbach, July, 18 - 20, 2004We report on several experiments on the optimal allocation of ownership rights. The experiments confirm the property rights approach by showing that the ownership structure affects relationship-specific investments and that...
