: Contractual Provisions to Mitigate Holdup: Evidence from Information Technology Outsourcing
Description:
The complexity and scope of outsourced information technology (IT) demands relationship-specific investments from vendors, which, when combined with contract incompleteness, may result in underinvestment and inefficient bargaining, referred to as the holdup problem.
http://prasannakarhade.com/research/journal-papers/contractual-provisions-to-mitigate-holdup-evidence-from-information-technology-outsourcing/