toIPA
Home
Blog
Category
Hold-up problem
economic dilemma where two parties may be able to work most efficiently by cooperating, but refrain from doing so because of concerns that they may give the other party increased bargaining power and thus reduce their own profits
Pronunciation
/həʊld - ʌp ˈprɒbləm/
/hoʊld - əp ˈprɑbləm/
Categories
business risk