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- Hold-up_problem abstract "In economics, 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 when two factors are present:Parties to a future transaction must make non-contractible relationship-specific investments before the transaction takes place. The specific form of the optimal transaction (e.g. quality-level specifications, time of delivery, what quantity of units) cannot be determined with certainty on beforehand.The hold-up problem is a situation where two parties may be able to work most efficiently by cooperating, but refrain from doing so due to concerns that they may give the other party increased bargaining power, and thereby reduce their own profits. When party A has made a prior commitment to a relationship with party B, the latter can ‘hold up’ the former for the value of that commitment. The hold-up problem leads to severe economic cost and might also lead to underinvestment.".
- Hold-up_problem wikiPageExternalLink article?id=pde2008_H000171&edition=current&q=Hold-up&topicid=&result_number=1.
- Hold-up_problem wikiPageExternalLink 1833199.
- Hold-up_problem wikiPageExternalLink 2297997.
- Hold-up_problem wikiPageID "1537122".
- Hold-up_problem wikiPageRevisionID "605159711".
- Hold-up_problem hasPhotoCollection Hold-up_problem.
- Hold-up_problem subject Category:Business_terms.
- Hold-up_problem subject Category:Industrial_organization.
- Hold-up_problem subject Category:Market_failure.
- Hold-up_problem comment "In economics, 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 when two factors are present:Parties to a future transaction must make non-contractible relationship-specific investments before the transaction takes place. The specific form of the optimal transaction (e.g.".
- Hold-up_problem label "Hold-up (Wirtschaftswissenschaften)".
- Hold-up_problem label "Hold-up problem".
- Hold-up_problem label "Hold-up".
- Hold-up_problem label "ホールドアップ問題".
- Hold-up_problem sameAs Hold-up_(Wirtschaftswissenschaften).
- Hold-up_problem sameAs Hold-up.
- Hold-up_problem sameAs ホールドアップ問題.
- Hold-up_problem sameAs m.058vfq.
- Hold-up_problem sameAs Q639489.
- Hold-up_problem sameAs Q639489.
- Hold-up_problem wasDerivedFrom Hold-up_problem?oldid=605159711.
- Hold-up_problem isPrimaryTopicOf Hold-up_problem.