Abstract Research in recent years suggests that fairness concerns could mitigate hold-up problems. In this study, we report theoretical analysis and experimental evidence on an opposite possibility: also induce our setup, problems will not occur with purely self-interested agents, but theoretically be induced by demand for distributional among agents without sufficiently strong counteracting fa...

The hold-up problem is a key concern in contemporary contract theory, and finding solutions to this can enhance transactional efficiency facilitate the development of corporate careers. emergence identity economics offers fresh insights into understanding predicting decision-making behaviors individuals or groups. This article begins by examining relevant literature on group subsequently review...

We present a numerical method to compute an optimal maintenance date for the test case of the heated hold-up tank. The system consists of a tank containing a fluid whose level is controlled by three components: two inlet pumps and one outlet valve. A thermal power source heats up the fluid. The failure rates of the components depends on the temperature, the position of the three components moni...