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• W2052413087 abstract "Does formal contracting foster cooperation in a buyer–supplier relationship? In line with the literature, we find that a renegotiable contract with relationship-specific joint investments does not make it possible to reach the first-best. However, we show that a renegotiable contract may induce more cooperation than an informal arrangement can. This result may help to understand how cooperation emerges in Japanese procurement practices, which typically involve relationship-specific joint investments and renegotiable contracts." @default.
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• W2052413087 date "2013-08-27" @default.
• W2052413087 modified "2023-10-03" @default.
• W2052413087 title "On the value of partial commitment for cooperative investment in buyer–supplier relationship" @default.
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• W2052413087 doi "https://doi.org/10.1007/s00712-013-0360-6" @default.
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