Contractual Solutions to the Hold-Up Problem
研究多个代理人先进行关系专用投资、再就集体行动达成一致时的敲竹杠问题，证明在多种信息不对称情形下存在最优解决方案。
This paper considers a general version of the hold-up problem where n agents first make relation-specific investments and then must agree on some collective action. It is shown that first-best solutions exist under a variety of different assumptions about the nature of information asymmetries.