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Investment and Uncertainty in the G7

โœ Scribed by Joseph P. Byrne; E. Philip Davis


Publisher
Springer-Verlag
Year
2005
Tongue
English
Weight
412 KB
Volume
141
Category
Article
ISSN
1610-2878

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Behavioral uncertainty and investments i
โœ Rudolf Vetschera ๐Ÿ“‚ Article ๐Ÿ“… 2003 ๐Ÿ› John Wiley and Sons ๐ŸŒ English โš– 156 KB

## Abstract We study a cooperative relationship between two economic agents, in which one agent can make investments in the relationship to reduce the probability that the other agent defects. The probability of defection is derived from an incomplete information decision model of the transaction p