Too much investment? A problem of endogenous outside options

David de Meza, Ben Lockwood. Too much investment? A problem of endogenous outside options. Games and Economic Behavior, 69(2):503-511, 2010. [doi]

@article{MezaL10,
  title = {Too much investment? A problem of endogenous outside options},
  author = {David de Meza and Ben Lockwood},
  year = {2010},
  doi = {10.1016/j.geb.2009.11.005},
  url = {http://dx.doi.org/10.1016/j.geb.2009.11.005},
  researchr = {https://researchr.org/publication/MezaL10},
  cites = {0},
  citedby = {0},
  journal = {Games and Economic Behavior},
  volume = {69},
  number = {2},
  pages = {503-511},
}