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• W3122148930 abstract "Abstract We report on a hold‐up experiment in which unilateral investment is followed by bilateral bargaining according to Nash’s demand game. Without communication, investment is low and coordination is poor. Unilateral communication facilitates coordination, but not perfectly. Successful coordination predominantly entails “fair” outcomes. Perhaps surprisingly, sellers (investors) do at least as well under buyer communication as under seller communication." @default.
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• W3122148930 date "2004-10-01" @default.
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• W3122148930 title "Is There a Hold‐up Problem?" @default.
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• W3122148930 doi "https://doi.org/10.1111/j.0347-0520.2004.00373.x" @default.
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