Bilateral specific investments: approaches to determine the nature of their relationship

M. Agamirova ()

Journal of Modern Competition, 2013, issue 2, 46-54

Abstract: This article analyzes the major trends in the consideration of the concept of specific investments, as a party receives the partner positive effects of their implementation have a significant impact on the possibility of further interaction. In modern literature, there is no single definition is not specific investments, in some works the notion of selfish-specific investments in other cooperative specific investments. It is therefore relevant to assess their effect on the behavior of the parties and the conclusions of the authors of contemporary works.

Keywords: reducing incentives to invest; cooperative specific investments (search for similar items in EconPapers)
Date: 2013
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