Elon Musk Can’t Avoid Paying Twitter’s Rent Forever

Maybe Musk is withholding payment as a move in what is known among scholars as the “holdup game”—an opportunistic effort to force better terms from a counterparty who’s poorly positioned to resist your demands. Think of a seller about to deliver a generator, who waits until after the buyer has finished renovating the factory according to the seller’s specs before demanding a higher price. If that’s the move, it’s a risky one.

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