Information control in the hold-up problem

• Main Authors: Nguyen, Anh, Tan, Teck Yong
• Other Authors: School of Social Sciences
• Format: Article
• Language: English
• Published: 2020
• Subjects: Social sciences::Economic theory; Hold-up; Information Control
• Online Access: https://hdl.handle.net/10356/143534
• Institution: Nanyang Technological University

We study the use of information control to mitigate hold-up risks. We identify a distinction between asymmetric information that creates an ex ante investment incentive and asymmetric information that causes ex post inefficiency, which then allows ex post inefficiency to be eliminated without compro...