Showing 1 - 9 of 9
Persistent link: https://www.econbiz.de/10001168013
Persistent link: https://www.econbiz.de/10001217450
Persistent link: https://www.econbiz.de/10001247515
Persistent link: https://www.econbiz.de/10001083351
Persistent link: https://www.econbiz.de/10000916479
Persistent link: https://www.econbiz.de/10007352266
Persistent link: https://www.econbiz.de/10007831613
Persistent link: https://www.econbiz.de/10006316963
Baldwin (1983) asks whether a firm can credibly deter union opportunism that would lead to underinvestment. We show that the punishments Baldwin considers credible exclude tougher threats that only have the appearance of being self-destructive. If the firm's discount factor is sufficiently close...
Persistent link: https://www.econbiz.de/10014057386