Partnership with Partial Commitment

Authors

Amnon Levy, University of WollongongFollow

Publication Date

April 2006

Publication Details

Levy, A, Partnership with Partial Commitment, Working Paper 06-05, Department of Economics, University of Wollongong, 2006.

Recommended Citation

Levy, Amnon, Partnership with Partial Commitment, Department of Economics, University of Wollongong, 2006.
https://ro.uow.edu.au/commwkpapers/141

Abstract

This paper derives the Nash-equilibrium degrees of commitment to a partnership where lack of full commitment fuels suspicion and increases potential losses for partners.