Common agency, organizational design and the hold-up problem

被引：3

作者：

Carrasco, Vinicius ^{[1
]}

机构：

[1] PUC Rio, Dept Econ, Rio De Janeiro, Brazil

来源：

ECONOMICS LETTERS | 2010年 / 108卷 / 03期

关键词：

Regulation; Common agency; Relationship-specific investments; INTEGRATION;

D O I：

10.1016/j.econlet.2010.05.004

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

This paper shows that, in comparison to a single-regulator arrangement, when an agent reports to two regulators, he is confronted with more powerful ex-post incentives. This generates, from an ex-ante perspective, higher incentives for relationship-specific investment. (C) 2010 Elsevier B.V. All rights reserved.

引用

页码：264 / 268

页数：5

共 50 条

[21] THE 'HOLD-UP'
DRESSEL, J
[J]. ANGLO-WELSH REVIEW, 1984, (75): : 45 - 46
[22] USER FEES HOLD-UP EU AGENCY FOR DRUG APPROVALS
WARD, M
[J]. BIO-TECHNOLOGY, 1995, 13 (03): : 213 - 213
[23] Millennium wheel hold-up held up by cable problem
不详
[J]. PROFESSIONAL ENGINEERING, 1999, 12 (17) : 6 - 6
[24] IRAQ AND KUWAIT, HOLD-UP OR GRAND DESIGN
ROY, O
[J]. ESPRIT, 1990, (09): : 165 - 166
[25] Credit Ratings and the Hold-Up Problem in the Loan Market
Cahn, Christophe
Girotti, Mattia
Salvade, Federica
[J]. MANAGEMENT SCIENCE, 2024, 70 (03) : 1810 - 1831
[26] Competition with Nonexclusive Contracts: Tackling the Hold-Up Problem
Roig, Guillem
[J]. B E JOURNAL OF THEORETICAL ECONOMICS, 2020, 20 (02):
[27] Specific Performance, Separability Condition and the Hold-Up Problem
Fares, M'hand
[J]. ECONOMICS BULLETIN, 2009, 29 (03): : 2055 - 2062
[28] A SURVEY OF THE HOLD-UP PROBLEM IN THE EXPERIMENTAL ECONOMICS LITERATURE
Yang, Yadi
[J]. JOURNAL OF ECONOMIC SURVEYS, 2021, 35 (01) : 227 - 249
[29] A solution to the hold-up problem involving gradual investment
Pitchford, R
Snyder, CA
[J]. JOURNAL OF ECONOMIC THEORY, 2004, 114 (01) : 88 - 103
[30] Highway robbery: complementary monopoly and the hold-up problem
Feinberg, Y
Kamien, MI
[J]. INTERNATIONAL JOURNAL OF INDUSTRIAL ORGANIZATION, 2001, 19 (10) : 1603 - 1621

← 1 2 3 4 5 →