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Endogenous Formation of Competing Partnership with Moral Hazard 

Espinosa Alejos, María Paz; Macho Stadler, Inés (University of the Basque Country, Department of Foundations of Economic Analysis II, 2002-09)
We analyze the formation of partnerships as a sequential choice-of-sizes game with moral hazard within coalitions; once formed, partnerships compete a la Cournot in the marketplace. We show that when moral hazard within ...

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Author
Espinosa Alejos, María Paz (1)
Macho Stadler, Inés (1)Departamento (cas.)Fundamentos del análisis económico II (1)Departamento (eus.)Ekonomia analisiaren oinarriak II (1)SubjectECONOMICS, ECONOMETRICS AND FINANCE (1)... View MoreDate Issued
2002 (1)
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eng (1)

DSpace software copyright © 2002-2015  DuraSpace
OpenAIRE
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