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Bargaining power and enforcement in credit markets

✍ Scribed by Garance Genicot; Debraj Ray


Book ID
116633689
Publisher
Elsevier Science
Year
2006
Tongue
English
Weight
183 KB
Volume
79
Category
Article
ISSN
0304-3878

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## Abstract The heterogeneity of services in the freight transport market and the presence of imperfect information motivate the development of an empirical model for detecting market imperfection and bargaining powers of the two agents concluding a contract. The fact that agents typically bargain