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In the presence of specialized investments, spot exchange Multiple choice question. reduces transaction costs by reducing bargaining. increases the value of inputs. does not insulate
In the presence of specialized investments, spot exchange Multiple choice question. reduces transaction costs by reducing bargaining. increases the value of inputs. does not insulate a buyer from opportunism. eliminates the effect of the "hold up
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How China Escaped Shock Therapy The Market Reform Debate
Authors: Isabella M Weber
1st Edition
0429953968, 9780429953965
