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...
20 KB (2,738 words) - 23:32, 28 April 2024
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...
1 KB (229 words) - 01:03, 25 April 2022
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...
46 KB (5,664 words) - 02:27, 1 September 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 (2,977 words) - 10:36, 2 April 2024
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
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...
1 KB (212 words) - 12:48, 24 October 2022
(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 (5,985 words) - 09:25, 26 September 2024
Aghion et al. (1994) have shown that the underinvestment problem (sometimes called the hold-up problem) can be solved if specific performance contracts are...
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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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3 Body Problem is an American science fiction television series created by David Benioff, D. B. Weiss and Alexander Woo and the third streaming adaptation...
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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...
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investments than a non-owner, so ownership can ameliorate the so-called hold-up problem. As a result, ownership is a scarce resource (i.e. there are limits...
22 KB (2,267 words) - 06:38, 27 July 2024
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 (7,124 words) - 09:35, 7 October 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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Collatz conjecture (redirect from Collatz problem)
chosen to start the sequence. The conjecture has been shown to hold for all positive integers up to 2.95×1020, but no general proof has been found. It is named...
57 KB (7,090 words) - 18:58, 6 October 2024
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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attempt to solve wicked problems by pitting opposing points of view against each other, requiring parties that hold these views to come up with their preferred...
32 KB (3,620 words) - 14:48, 5 October 2024
bargaining in the future may lead to an underinvestment problem (the so-called hold-up problem). Specifically, when investments are relationship-specific...
83 KB (10,593 words) - 07:26, 7 October 2024
problem, many theodicies have been proposed. One accepted theodicy is to appeal to the strong account of the compensation theodicy. This view holds that...
140 KB (17,679 words) - 21:47, 14 August 2024
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...
53 KB (7,400 words) - 18:11, 8 October 2024
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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"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...
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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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in games with information asymmetries. For instance, consider the hold-up problem, a central ingredient of the theory of incomplete contracts. There...
18 KB (2,536 words) - 05:49, 27 August 2024
Sometimes a problem requires abstract thinking or coming up with a creative solution. Problem solving has two major domains: mathematical problem solving...
88 KB (10,168 words) - 22:17, 2 October 2024
In computability theory, the halting problem is the problem of determining, from a description of an arbitrary computer program and an input, whether the...
53 KB (7,344 words) - 23:14, 11 August 2024
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...
7 KB (805 words) - 22:16, 29 June 2024
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...
26 KB (3,497 words) - 05:57, 15 July 2024
selection theory, exclusive contracting, deferred compensation, the hold-up problem, flexible versus rigid contracts, and models with endogenous information...
38 KB (3,811 words) - 20:27, 10 May 2024
allocation of property rights helps to alleviate the hold-up problem (an underinvestment problem that occurs when investments are non-contractible). In...
26 KB (2,611 words) - 06:13, 9 September 2024