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How Wide is the Scope of Hold-Up-Based Theories? Contractual Form and Market Thickness in Trucking

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NBER1999-09-01 更新2025-01-04 收录
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How far do the contractual implications of hold-up-based theories (Klein, Crawford, and Alchian (1978), Williamson (1979, 1985)) extend? I investigate this in the context of trucking. Quasi-rents in trucking are generally smaller than in the contexts studied in the previous empirical literature.

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1999-09-01
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