Abstract

switching costs, lock-in, long-term relationships, contracts, opportunism, Social and Behavioral Sciences, Business

Keywords

UnobservableVerifiable secret sharingMicroeconomicsTerm (time)EconomicsOutcome (game theory)Quality (philosophy)Set (abstract data type)Product (mathematics)WelfareDynamic inconsistencyBusinessComputer scienceEconometrics

Related Publications

Publication Info

Year
1987
Type
article
Volume
79
Issue
1
Pages
51-68
Citations
105
Access
Closed

External Links

Citation Metrics

105
OpenAlex

Cite This

Joseph Farrell, Carl Shapiro (1987). Optimal Contracts with Lock-In. eScholarship (California Digital Library) , 79 (1) , 51-68.