Hold-Up

question 56

Multiple Choice

Hold-up:

• A) is a hazard associated with relationship-specific exchange.
• B) mitigates worker shirking.
• C) makes spot exchange efficient.
• D) solves the principal-agent problem.

---

Definitions:

Johari Window

A model that describes different levels of knowledge in interpersonal relationships, involving four quadrants to help people better understand their relationship with themselves and others.

Self-Disclosure

The act of revealing personal information to others, which can foster intimacy and trust in relationships.

Gut Level

Referring to instinctive, immediate reactions or feelings, devoid of rational analysis.

Work Environments

The physical and psychological conditions under which employees perform their job duties, including culture, physical space, and social aspects.