Erlei, Mathias; Siemer, Philipp - Institut für Wirtschaftswissenschaft, Technische … - 2004
In a hold-up experiment designed to test theoretical predictions following from Hart (1995) and deMeza/Lockwood (1998) regarding investment behavior Sonnemans et al. (2001) (SOS) find only a partial confirmation of theory. According to SOS these deviations from standard theory can be explained...
