Hold-Up
Bribery, Hold-Up and Bureaucratic Structure
... by Olken and Barron (2009), who study the payments by truck drivers to various o¢cials on trips in Indonesia. Consistent with hold-up theory, they …nd that drivers who have more to lose, and those who have ...
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On simple contracts, renegotiation under asymmetric information, and the hold up problem
... well-known hold-up problem can often be solved by sophisticated contracts (see Rogerson, 1992), it may also be solved by simple contracts that just specify a threatpoint for future negotiations, given that ...
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Investigation of Gas Hold up and Power Consumption in a Stirred Tank Bioreactor Using Single and Dual Impeller Configurations
... mechanically agitated reactors, the impeller is the main gas-dispersing tool and will naturally have a pronounced effect on mass transfer characteristics of the system” [ 15]. Also it was recommended that “the impeller ...
8
On contractual solutions to hold up problems with quality uncertainty and unobservable investments
... In the contract-theoretic literature, there is a vital debate about whether or not one should assume that renegotiation can be ruled out. In the main part of the present paper, we follow the mechanism design literature ...
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Gas hold-up and bubble diameters in a gassed oscillatory baffled column
... to be six times higher than that in a bubble column (Hewgill et al., 1993) and 75% higher than that in a stirred tank fermenter involving a yeast culture (Ni et al., 1995). However, no attempt was made in these studies ...
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Der Lock in Effekt und das Hold up Problem
... als Hold-up Problem bezeichnet (wörtlich übersetzt "Raubüberfall"; ...des Hold-up Problems führt typischerweise zu Unterinvestitionen aufgrund mangelhafter Anreize ...
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Study of Hydrodynamics and Overall Gas Hold Up Validation in Bubble Column by Computational Fluid Dynamics
... gas hold up, and radial gas hold up on different perforated plate ...gas hold up on both perforated plate diameters are not much ...gas hold up and flow ...
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The Hold Up Problem and Incomplete Contracts: A Survey of Recent Topics in Contract Theory
... Assume fi rst that the valuations are common knowledge at date 2. If the parties have not written a contract at date 0, they still exchange the good whenever the buyer’s valuation is larger than the seller’s cost, i.e., ...
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Effects of Surfactant on Bubble Size Distribution and Gas Hold-up in a Bubble Column
... gas hold-up in the pseudo- homogeneous has also been ...gas hold-up is an important parameter in the design and scale-up of gas- liquid ...gas hold-up generally increases ...
9
Games in the Eurasian gas supply network: Multinational bargaining, Strategic investment, and Hold up
... As the gas demand in Europe is growing, other FSU producers intend to enter the European market. The Caspian Republics can export as much gas as Russia does and do so at lower costs. Currently, the Caspian producers can ...
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Cumulative Innovation, Sampling and the Hold Up Problem
... Sampling benefits a firm by increasing the probability of having a high value innovation but it is costly. As it takes place prior to any kind of royalty negotiation it may lead to hold-up: the ...
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Bargaining and hold up : the role of arbitration
... In this paper, we argue that arbitration may also serve quite a different purpose, namely, as a surrogate for complete contracts. It can act as a mechanism that indirectly increases the incentives of parties in a ...
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Investigation of Gas Hold-up and Bubble Behavior in a Split-Cylinder Airlift Reactor: Pseudo-Plastic Non-Newtonian Fluids
... The split-cylinder airlift reactor used in this research is schematically shown in Fig. 1. The reactor includes a glass column with 1.3 m height and 0.136 m diameter. A rectangular Plexiglas baffle with 0.129 m width, ...
13
The hold up problem, innovations, and limited liability
... opment of a fi nal product based on the innovation becomes contractible. At this point in time, a contract is negotiated, and we are interested in the effects of the inventor’s bargaining power on his incentives to invest. ...
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hold up Is Required for Establishment of Oocyte Positioning, Follicle Cell Fate and Egg Polarity and Cooperates with Egfr during Drosophila Oogenesis
... Despite the intensive investigation and the exciting recent findings described above, the somatic factors in- volved in the early events during oogenesis are as yet unknown, and the molecular mechanisms underlying the ...
7
Public goods and the hold up problem under asymmetric information
... It turns out that in a hold-up problem with public goods, the effects of asymmetric information crucially depend on the sequence of events. If the agent privately learns his type after his investment ...
12
A simple economic teaching experiment on the hold up problem
... to hold up the company and demand high wages and obtain a high degree of job ...the hold-up by out-sourcing the software design to ‘Hollywood’ and other 3 rd ...
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Three Essays on The Problem of Hold-up in Broiler Industry
... the hold-up ...might hold up growers by not sufficiently compensating them for their ...held up since they will have little choice but to accept the contract terms from possibly ...
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Effect of Hold-Up Potential on Natural Gas Exports
... precipitating hold-up by either ...detail. Hold-ups occur when unanticipated events place the contractual relationship outside the self-enforcing ...a hold-up does occur, detailed ...
22
Vol 2, No 12 (2014)
... to hold up the programmable networking competence to comprehend the virtual network ...setting up the filtering rules on the corresponding OVS and ...
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