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Market failure / Economy / Economics / Industrial organization / Hold-up problem / Coase theorem / United States corporate law
Date: 2009-10-02 12:01:57
Market failure
Economy
Economics
Industrial organization
Hold-up problem
Coase theorem
United States corporate law

Ownership, Control, and Incentive Tianxi Wang Abstract The paper shows that the principal can enhance her control over the agent’s human capital by acquiring the physical capital that is critical for him to create valu

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