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keywords: extendibility clauses, information technology outsourcing, contract duration, Dr. Karhade, Prasanna Karhade
member since: Dec 22, 2015 | Viewed: 345
Contractual Provisions to Mitigate Holdup: Evidence from Information Technology Outsourcing
Category: Academics
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
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