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A Safety Valve Model of Equity as Anti-opportunism

Paperback EN 2023 9781009217941
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Samenvatting

This Element presents a simple contracting model that captures the role of equity as a safety valve, and shows how it can solve problems posed by opportunists. It also shows that it is often preferable to limit equity, reserving it for use only against those who appear sufficiently likely to be opportunists.

Specificaties

ISBN13:9781009217941
Taal:EN
Bindwijze:Paperback
Aantal pagina's:58

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        A Safety Valve Model of Equity as Anti-opportunism