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Academic Journal of Humanities & Social Sciences, 2023, 6(10); doi: 10.25236/AJHSS.2023.061015.

A review of research on group identity and hold-up problem

Author(s)

Rong Yu, Cenlin Zhang

Corresponding Author:
Cenlin Zhang
Affiliation(s)

School of Economics and Management, Southwest Petroleum University, Chengdu, China

Abstract

The hold-up problem is a key concern in contemporary contract theory, and finding solutions to this problem can enhance transactional efficiency and facilitate the development of corporate careers. The emergence of identity economics offers fresh insights into understanding and predicting the decision-making behaviors of individuals or groups. This article begins by examining the relevant literature on the hold-up problem and group identity and subsequently reviews experimental and neuroscience studies that demonstrate the impact of group identity on behavioral decision-making. Drawing upon a comprehensive analysis and evaluation of the existing research, this article proposes novel research ideas or perspectives.

Keywords

Hold-up problem, Group identity, Experimental economics, Neuroeconomics

Cite This Paper

Rong Yu, Cenlin Zhang. A review of research on group identity and hold-up problem. Academic Journal of Humanities & Social Sciences (2023) Vol. 6, Issue 10: 83-86. https://doi.org/10.25236/AJHSS.2023.061015.

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