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- URN zum Zitieren dieses Dokuments:
- urn:nbn:de:bvb:355-epub-217147
- DOI zum Zitieren dieses Dokuments:
- 10.5283/epub.21714
Zusammenfassung
In a property-rights framework, I study how organizational form and quantity contracts interact in generating investment incentives. The model nests standard property-rights and hold-up models as special cases. I admit general message-dependent contracts but provide conditions under which noncontingent contracts are optimal. First, the article contributes to the foundation of the property-rights ...
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