Mirman, Leonard J.; Jeitschko, Thomas; Jain, Neelam - In: Economics Bulletin 12 (2001) 1, pp. 1-13
In this paper, we summarize the findings of a series of our papers on the relationship between financial contracting and the game of entry-deterrence in a dynamic context.The incumbent has private information about its cost and enters into an agency relationship with a lender in each of the two...
