36 research outputs found

    Ownership, access and sequential investment

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    We extend the property-rights framework to allow for: a separation of the ownership rights of access and veto; and sequential investment. Parties investing first (ex ante) do so before contracting is possible. Parties that invest second (ex post) can contract on (at least some) of their investment costs. Along with this cost-sharing effect, the incentive to invest is affected by a strategic effect generated by sequential investment. Together these effects can overturn some of the predictions of the property-rights literature. For example, the most inclusive ownership structure might not be optimal, even if all investments are complementary

    High resolution UV spectroscopy of aromatic molecules

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    Contains fulltext : mmubn000001_202936201.pdf (publisher's version ) (Open Access)Promotores : G. Meijer en W. Meerts150 p

    Characterization of holmium(iii)-acetylacetonate complexes derived from therapeutic microspheres by infrared ion spectroscopy

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    Contains fulltext : 224817.pdf (publisher's version ) (Open Access

    Gas-Phase Infrared Ion Spectroscopy Characterization of Cu(II/I)Cyclam and Cu(II/I)2,2′-Bipyridine Redox Pairs

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    Contains fulltext : 203849.pdf (publisher's version ) (Open Access

    The infrared spectrum of protonated buckminsterfullerene C60H+

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    Contains fulltext : 210209.pdf (publisher's version ) (Closed access

    Halide anion binding to Gly(3), Ala(3) and Leu(3)

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