Holdups and overinvestment in capital markets

DOI10.1016/j.jet.2014.02.004zbMath1296.91225OpenAlexW2012434300MaRDI QIDQ402064

André Kurmann

Publication date: 27 August 2014

Published in: Journal of Economic Theory (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.jet.2014.02.004

zbMATH Keywords

bargaininginvestmentholdup problemstrading frictions

Mathematics Subject Classification ID

Mathematical economics (91B99) Auctions, bargaining, bidding and selling, and other market models (91B26)

Related Items (2)

Frictional capital reallocation. I: Ex ante heterogeneity ⋮ Dynamic inefficiency in decentralized capital markets

Cites Work

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• Trade Dynamics in the Market for Federal Funds
• A Theory of the Firm with Non-binding Employment Contracts
• Intra-Firm Bargaining under Non-Binding Contracts
• Over-the-Counter Markets
• Gross Credit Flows

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