The Conduct of Economics: The Example of Fisher Body and General Motors

Abstract

The events leading to the acquisition of Fisher Body by General Motors (GM) were said by Benjamin Klein, in a paper published in 1998, to be “[p]erhaps the most extensively discussed example in the economic literature of a hold-up due to the presence of specific investments ” (Klein, 1998, p. 241). Joel Trachtman, discussing opportunistic behavior in 1997, refers to the “classic example of Fisher Body and General Motors”

Cite this work

No public copy is stored for this record, so only the metadata is cited.

Stored only when both papers are in the corpus — 116 citations exist upstream.

Papers that cite the same references — the relational fallback while embeddings are still backfilling.