Name
Title | ||
|---|---|---|
If you are offered the Right of First Refusal, should you accept? An investigation of contract design |
Abstract | ||
|---|---|---|
Rights of first refusal are contract clauses intended to provide the holder of a license or lease with some protection when the contract ends. The simplest version gives the right holder the ability to act after potential competitors. However, another common implementation requires the right holder to accept or reject some offers before potential competitors are given the same offer, and, if the right holder rejects the initial offer, allows the right to be exercised affirmatively only if competitors are subsequently offered a better deal (e.g. a lower price). |
Year | DOI | Venue |
|---|---|---|
2009 | 10.1016/j.geb.2007.10.013 | Games and Economic Behavior |
Keywords | DocType | Volume |
C78,C91,K12 | Journal | 65 |
Issue | ISSN | Citations |
1 | 0899-8256 | 0 |
PageRank | References | Authors |
0.34 | 1 | 2 |
Name | Order | Citations | PageRank |
|---|---|---|---|
| Brit Grosskopf | 1 | 14 | 3.38 |
| Alvin E. Roth | 2 | 236 | 48.89 |