G2TT
来源类型Discussion paper
规范类型论文
来源IDDP9065
DP9065 Public goods and the hold-up problem under asymmetric information
Patrick W. Schmitz
发表日期2012-07-22
出版年2012
语种英语
摘要An agent can make an observable but non-contractible investment. A principal then offers to collaborate with the agent to provide a public good. Private information of the agent about his valuation may either decrease or increase his investment incentives, depending on whether he learns his type before or after the investment stage.
主题Industrial Organization
关键词Asymmetric information Incomplete contracts Investment incentives Public goods
URLhttps://cepr.org/publications/dp9065
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/537899
推荐引用方式
GB/T 7714
Patrick W. Schmitz. DP9065 Public goods and the hold-up problem under asymmetric information. 2012.
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