The Hold-Up Problem in Government Contracting

DOI10.2307/3440580MaRDI QIDQ4223363zbMATH OpenOpenAlexFDO

Authors Dieter Bös, Christoph Lülfesmann

Publication date 3 January 1999

Published in Scandinavian Journal of Economics (Search for Journal in Brave)

Full work available at URL https://doi.org/10.2307/3440580

zbMATH Keywords

renegotiationoptimal contractstwo-period procurement model

Mathematics Subject Classification ID

Auctions, bargaining, bidding and selling, and other market models (91B26)

Recommendations

• Adverse Selection and Renegotiation in Procurement
• Simple Efficient Contracts in Complex Environments
• Incomplete Contracts and Renegotiation
• Contractual Solutions to the Hold-Up Problem
• Complexity and Renegotiation: A Foundation for Incomplete Contracts

Cited in

(2)

• After you Sir. Hold-up, direct externalities, and sequential investment
• Public procurement in times of crisis: the bundling decision reconsidered

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