Partnership with Partial Commitment

Amnon Levy ()

Economics Working Papers from School of Economics, University of Wollongong, NSW, Australia

Abstract: This paper derives the Nash-equilibrium degrees of commitment to a partnership where lack of full commitment fuels suspicion and increases potential losses for partners.

Keywords: Structural break; unit root test; Lebanon economy (search for similar items in EconPapers)
JEL-codes: C72 D01 D80 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-gth
Date: 2006

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Persistent link: http://EconPapers.repec.org/RePEc:uow:depec1:wp06-05

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