the hold-up problem is central to the theory of incomplete contracts, and shows the difficulty in writing complete contracts. A hold-up problem arises...
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Look up hold up or hold-up in Wiktionary, the free dictionary. Hold Up, hold up, or Hold-Up may refer to: Hold-Up (1974 film), an Italian film Hold-Up (1985...
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Vertical integration (section Problems and benefits)
open marketplace. Vertical integration is one method of avoiding the hold-up problem. A monopoly produced through vertical integration is called a vertical...
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investors are more willing to renegotiate lending terms, thus avoiding the hold-up problem often seen in prior to and during bankruptcy. Also, repackaging can...
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90) has shown that option contracts can mitigate the hold-up problem (an underinvestment problem that occurs when the exact level of investment cannot...
8 KB (1,134 words) - 21:45, 19 June 2024
consequence of the incomplete contracting approach is the so-called hold-up problem. Since at least in some states of the world the parties will renegotiate...
24 KB (2,964 words) - 23:13, 22 May 2025
Aghion et al. (1994) have shown that the underinvestment problem (sometimes called the hold-up problem) can be solved if specific performance contracts are...
16 KB (2,070 words) - 03:28, 2 June 2025
(Summer 1995). "Option Contracts and Renegotiation: A Solution to the Hold-up Problem". The RAND Journal of Economics. 26 (2): 163. JSTOR 2555911. Di, Zhenpeng;...
48 KB (5,984 words) - 03:19, 27 May 2025
relationship-specific investments than a non-owner, so ownership can ameliorate the hold-up problem. As a result, ownership is a scarce resource (i.e. there are limits...
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To Hold Up the Sky (Hold Up the Sky in other editions) is a collection of eleven science-fiction short stories by Chinese writer Liu Cixin. Two short stories...
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"Simple contracts, renegotiation under asymmetric information, and the hold-up problem" (PDF). European Economic Review. 46 (1): 169–188. doi:10.1016/S0014-2921(01)00088-5...
10 KB (1,518 words) - 19:53, 17 December 2024
stronger incentives to make relationship-specific investments (i.e., the hold-up problem is mitigated). In this framework, Schmitz (2017) has shown that shared...
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complete the screenplay in five weeks. Precommitment Positive psychology Hold-up problem StickK, a website that enables people to make "commitment contracts"...
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the CVR takes the form of a modified Asian option. Strip financing Hold-up problem Earnout Investopedia (2020). Contingent Value Right (CVR) Motley Fool...
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in games with information asymmetries. For instance, consider the hold-up problem, a central ingredient of the theory of incomplete contracts. There...
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critiqued for potentially leading to artificial scarcity and the hold-up problem. The hold-up problem refers to the difficulty in aggregation of the spectrum resources...
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contributions of his research include: In Hart's and Moore's model of the hold-up problem simple option contracts giving the seller the right to make the delivery...
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selection theory, exclusive contracting, deferred compensation, the hold-up problem, flexible versus rigid contracts, and models with endogenous information...
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Pigouvian tax (section Theoretical problem)
ex post may lead to inefficient investments ex ante (the so-called hold-up problem). For this reason, some authors have argued that unconstrained Coasean...
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Collatz conjecture (redirect from Collatz problem)
chosen to start the sequence. The conjecture has been shown to hold for all positive integers up to 2.36×1021, but no general proof has been found. It is named...
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such that the supplier may make a loss on the investment (this is the hold-up problem, which occurs when either party asymmetrically incurs substantial costs...
56 KB (7,138 words) - 06:08, 11 June 2025
bargaining in the future may lead to an underinvestment problem (the so-called hold-up problem). Specifically, when investments are relationship-specific...
84 KB (10,669 words) - 15:19, 10 June 2025
Coase theorem (section Game-theoretic critique: hold-out, free-rider problems, complete information assumption)
situations. Unconstrained Coasean bargaining ex post may also lead to a hold-up problem ex ante. Thus, even though it is often claimed that Coasean bargaining...
45 KB (6,099 words) - 23:51, 22 May 2025
Audace colpo dei soliti ignoti (redirect from Hold-up à la milanaise)
Audace colpo dei soliti ignoti (also known as Fiasco in Milan or Hold-up à la milanaise) is a 1959 Italian comedy crime film directed by Nanni Loy. The...
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The Monty Hall problem is a brain teaser, in the form of a probability puzzle, based nominally on the American television game show Let's Make a Deal...
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Navier–Stokes existence and smoothness (redirect from Blow up problem)
The Navier–Stokes existence and smoothness problem concerns the mathematical properties of solutions to the Navier–Stokes equations, a system of partial...
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allocation of property rights helps to alleviate the hold-up problem (an underinvestment problem that occurs when investments are non-contractible). In...
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I'm the Problem is the fourth studio album by American country music singer Morgan Wallen. It was released through Big Loud, Republic, and Mercury Records...
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K.M. (1995). Option contracts and renegotiation: A solution to the hold-up problem. RAND Journal of Economics, 26(2), pp. 164–179. Schmidt, Klaus M. (1994)...
5 KB (539 words) - 18:35, 12 February 2023
Sometimes a problem requires abstract thinking or coming up with a creative solution. Problem solving has two major domains: mathematical problem solving...
87 KB (9,997 words) - 00:26, 1 June 2025