SEOUL NATIONAL UNIVERSITY · CENTER FOR LAW & ECONOMICS
Center for Law & Economics, Seoul National UniversityCENTER FOR LAW & ECONOMICS
ECONOMICS · RESEARCH RECORD
GlobalMacroeconomics

DP22013 The Hold-Up Problem and Communication: Experimental Evidence

AT A GLANCE

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The hold-up problem is central in organizational and institutional economics, with standard theory suggesting investors may lack sufficient incentives to invest.

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