holdup problem
Investments and the Holdup Problem in a Matching Market
... side of the market there is a constant number of active agents who remain in the market until they have traded. Their matching probabilities reflect the relative number of active agents. At each point in time, there is a ...
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Formal Contracts, Relational Contracts, and the Holdup Problem
... In our analysis of the repeated interactions between a seller and a buyer, formal contracting can reduce the buyer’s temptation to renege on his/her informal agree- ments with the seller when the relation-specific ...
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Uncertainty, Reliance, Preliminary Negotiations and the Holdup Problem
... Uncertainty, Reliance, Preliminary Negotiations and the Holdup Problem SMU Law Review Volume 61 | Issue 4 Article 3 2008 Uncertainty, Reliance, Preliminary Negotiations and the Holdup Problem Juliet P[.] ...
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Renegotiation Without Holdup: Anticipating Spending and Infrastructure Concessions
... a holdup problem! 4 Of course, there is no question that corruption and incompetence may partly explain why governments accept to renegotiate in favor of franchise ...
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Holdup and hiring discrimination with search friction
... A holdup problem arises when some investment is sunked ex ante by one party, and the payoff is shared with that one party’s trading ...a problem in a labor market with search friction, Acemoglu and ...
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Rigidity in bilateral trade with holdup
... trade problem in which the seller makes hidden in- vestment that influences the buyer’s hidden valuation, thus creating a holdup ...a holdup problem, the optimal trading schedule displays ...
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No Holdup in Dynamic Markets
... standard holdup problem: Each agent pays the full costs of her invest- ment at time t = 0, but does not fully appropriate the resulting increase in surplus in the matching stage, limiting her incentives to ...
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Holdup, Search and Inefficiency
... the holdup problem? Suppose that a seller delivers one indivis- ible good to a buyer and makes “specific” investment which has value only for the trade relationship with the buyer in ...
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A Dynamic Theory of Holdup
... the holdup problem: Some authors have proposed vertical integration as a solution (Klein, Crawford and Alchian, 1978; and Williamson, 1979), while others have proposed allocating asset ownership (Grossman ...
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Renegotiation without Holdup: Anticipating Spending and Infrastructure Concessions
... a holdup problem! 4 Of course, there is no question that corruption and incompetence may partly explain why governments accept to renegotiate in favor of franchise ...
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Mathematics Problem Solving Skill Acquisition: Learning by Problem Posing or by Problem Solving?
... the problem posing of pre-solution posing type may include: (a) delivery of materials, (b) students undertaking practice tests in line with teaching material, (c) students are given chance to compile questions ...
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Mathematics problem solving skill acquisition: Learning by problem posing or by problem solving
... on problem solving methods ...given problem-solving tasks that were either solved individually or in groups of three students (jigsaw ...challenging problem caused high extraneous cognitive ...the ...
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Not just an American problem, but a world problem
... our problem was no longer a Negro problem or an American problem but a human ...A problem for humanity. And a problem which should be attacked by all elements of ...A problem ...
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Diabetes: a global problem, a national problem
... the problem can be tackled, the attitudes of participants and other interested parties, the difficulties encountered and the various solutions used to overcome ...
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Is the Symmetry Problem Really a Problem?
... the problem carries the uncomfortable suggestion that if we were more perfect reasoners and not subject to physical limitations, we would derive implicatures from the ‘bad’ alternatives; that we simply neglect to ...
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How much of a problem is problem gambling?
... the problem gambling literature is provided by Orford et al (2003), which exploits the Gambling Prevalence Surveys (GPS) that pre-date the 2010 GPS used in our ...of problem gambling across ...minority ...
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Measurement Scheme of Local Water Holdup in Oil-Water Two-Phase Flow Based on Edge Effect of Interdigital Capacitance Method
... water holdup correspond to different equivalent permittivity of the mixture between electrodes, and the different equivalent permittivity correspond to different capacitance, so we can get the water holdup ...
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The Reference Class Problem is Your Problem Too
... class problem strikes again! Qua one way of classifying John Smith, we get one relative frequency for his being a consumptive Englishman aged fifty; qua another way of classifying him, we get another relative ...
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Attentional biases in problem and non-problem gamblers
... attentional biases to gambling stimuli and commit more errors on response inhibition task in gambling-related trials (van Holst et al., 2012). However, some studies have failed to support the evidence of attentional ...
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Design as interactions of problem framing and problem solving
... ill-structured problem using a familiar vocabulary of the similar design cases tackled in the ...new problem easily; the more abstract ones may remain ...
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