G2TT
来源类型Discussion paper
规范类型论文
来源IDDP4513
DP4513 Knowledge Disclosure, Patents and Optimal Organization of Research and Development
Sudipto Bhattacharya; Sergei Guriev
发表日期2004-08-23
出版年2004
语种英语
摘要We model a new effect of exclusivity on non-contractible investments in buyer/seller relationships. By restricting the buyer to purchase from only one seller, exclusivity increases the buyer?s costs of haggling during renegotiation and hence the seller?s relative bargaining power and bargaining share. This in turn fosters the seller?s incentives to invest even for investments that are fully specific to the relationship (?internal investments?), in contrast to a recent finding by Segal and Whinston (2000b).
主题Industrial Organization
关键词Bargaining Contracting Exclusive dealing Incomplete contracts investment Foreclosure
URLhttps://cepr.org/publications/dp4513
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/533458
推荐引用方式
GB/T 7714
Sudipto Bhattacharya,Sergei Guriev. DP4513 Knowledge Disclosure, Patents and Optimal Organization of Research and Development. 2004.
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