Olcina, Gonzalo; Cunyat, Antoni; Calabuig, Vicent - In: Economics Bulletin 3 (2002) 30, pp. 1-7
Fershtman and Seidmann (1993) showed that the presence of an irrevocable endogenous commitment with a fixed deadline results in the so called deadline effect. We examine the robustness of this result to the presence of a much more general class of commitments: partially revocable commitments.
