Holdups and holdouts: What do they have in common?

Thomas J. Miceli and Kathleen Segerson ()

Economics Letters, 2012, vol. 117, issue 1, 330-333

Abstract: The holdup and holdout problems arise in different contexts, but they share certain fundamental similarities that have not generally been recognized. This paper characterizes the commonalties between the two problems and their remedies.

Keywords: Holdup problem; Holdout problem; Non-salvageable investments; Eminent domain (search for similar items in EconPapers)
JEL-codes: D23 K11 L14 L23 (search for similar items in EconPapers)
Date: 2012
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Citations: View citations in EconPapers (3)

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Related works:
Working Paper: Holdups and Holdouts: What do They Have in Common? (2011)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:117:y:2012:i:1:p:330-333

DOI: 10.1016/j.econlet.2012.05.036

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