EconPapers    
Economics at your fingertips  
 

A Note on the Suboptimality of Right-of-First-Refusal Clauses

Federico Weinschelbaum () and Leandro Arozamena ()

No 92, Working Papers from Universidad de San Andres, Departamento de Economia

Abstract: We show that, under independent private values, no mechanism that contains a right-of-first-refusal clause can maximize the sum of the utilities of the seller and the right-holder.

Keywords: political economy; structural reforms; Argentina (search for similar items in EconPapers)
Date: 2006-07, Revised 2006-07
References: Add references at CitEc
Citations: View citations in EconPapers (14) Track citations by RSS feed

Published in Economic Bulletin, Vol.4, No. 24, pp. 1-5

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
Journal Article: A note on the suboptimality of right-of-first-refusal clauses (2006) Downloads
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:sad:wpaper:92

Access Statistics for this paper

More papers in Working Papers from Universidad de San Andres, Departamento de Economia Contact information at EDIRC.
Bibliographic data for series maintained by Tamara Sulaque ().

 
Page updated 2021-06-10
Handle: RePEc:sad:wpaper:92