| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 5078215 | International Journal of Industrial Organization | 2012 | 9 Pages |
Abstract
⺠We examine firms' incentives to sign a contract with the right of first offer. ⺠Right of first offer makes a seller offer a lower price to an early buyer. ⺠Right of first offer reduces asset misallocation. ⺠Right of first offer can increase social welfare under certain conditions.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Xinyu Hua,