BROWSE

Joint

What is 'Joint'

A legal term describing a transaction or agreement where two or more parties act in unison.

Explaining 'Joint'

In addition to pertaining to accounts or ownership in real property, joint can also refer to liability. Joint liability exists in situations where two or more people share the burden of a debt. For example, if a husband and wife have joint liability for a debt, each is responsible for the entire amount of the debt. Several liability, on the other hand, would limit liability to each person's respective obligations.


Further Reading


Group-lending: Sequential financing, lender monitoring and joint liability
www.sciencedirect.com [PDF]
We develop a simple model of group-lending based on peer monitoring and moral hazard. We find that, in the absence of sequential financing or lender monitoring, group-lending schemes may involve under-monitoring with the borrowers investing in undesirable projects …

Joint supply and the finance of charitable activityJoint supply and the finance of charitable activity
journals.sagepub.com [PDF]
We develop a simple model of group-lending based on peer monitoring and moral hazard. We find that, in the absence of sequential financing or lender monitoring, group-lending schemes may involve under-monitoring with the borrowers investing in undesirable projects …

The joint demand for health care, leisure, and commodities: Implications for health care finance and access in VietnamThe joint demand for health care, leisure, and commodities: Implications for health care finance and access in Vietnam
www.tandfonline.com [PDF]
We develop a simple model of group-lending based on peer monitoring and moral hazard. We find that, in the absence of sequential financing or lender monitoring, group-lending schemes may involve under-monitoring with the borrowers investing in undesirable projects …

An Analysis on the Competition Ability of Joint-Equity Commercial Banks <span style=[J]' src='/thumbnails/?img=http%3A%2F%2Fen.cnki.com.cn%2FArticle_en%2FCJFDTotal-JRYJ200208011.htm' />An Analysis on the Competition Ability of Joint-Equity Commercial Banks [J]
en.cnki.com.cn [[J]' href='https:/api.miniature.io/pdf?url=en.cnki.com.cn%2FArticle_en%2FCJFDTotal-JRYJ200208011.htm'>PDF]
We develop a simple model of group-lending based on peer monitoring and moral hazard. We find that, in the absence of sequential financing or lender monitoring, group-lending schemes may involve under-monitoring with the borrowers investing in undesirable projects …

The economics of lending with joint liability: theory and practiceThe economics of lending with joint liability: theory and practice
www.sciencedirect.com [PDF]
We develop a simple model of group-lending based on peer monitoring and moral hazard. We find that, in the absence of sequential financing or lender monitoring, group-lending schemes may involve under-monitoring with the borrowers investing in undesirable projects …

International joint ventures in developing countriesInternational joint ventures in developing countries
search.proquest.com [PDF]
We develop a simple model of group-lending based on peer monitoring and moral hazard. We find that, in the absence of sequential financing or lender monitoring, group-lending schemes may involve under-monitoring with the borrowers investing in undesirable projects …

The Preliminary Assumption to the Joint-Stock System Reform of State-Commercial Banks <span style=[J]' src='/thumbnails/?img=http%3A%2F%2Fen.cnki.com.cn%2FArticle_en%2FCJFDTotal-JRYJ200011014.htm' />The Preliminary Assumption to the Joint-Stock System Reform of State-Commercial Banks [J]
en.cnki.com.cn [[J]' href='https:/api.miniature.io/pdf?url=en.cnki.com.cn%2FArticle_en%2FCJFDTotal-JRYJ200011014.htm'>PDF]
We develop a simple model of group-lending based on peer monitoring and moral hazard. We find that, in the absence of sequential financing or lender monitoring, group-lending schemes may involve under-monitoring with the borrowers investing in undesirable projects …

Effectiveness of Salary Incentives in Our Joint-Stock Commercial Banks <span style=[J]' src='/thumbnails/?img=http%3A%2F%2Fen.cnki.com.cn%2FArticle_en%2FCJFDTotal-CSJR200605007.htm' />Effectiveness of Salary Incentives in Our Joint-Stock Commercial Banks [J]
en.cnki.com.cn [[J]' href='https:/api.miniature.io/pdf?url=en.cnki.com.cn%2FArticle_en%2FCJFDTotal-CSJR200605007.htm'>PDF]
We develop a simple model of group-lending based on peer monitoring and moral hazard. We find that, in the absence of sequential financing or lender monitoring, group-lending schemes may involve under-monitoring with the borrowers investing in undesirable projects …

Solving fuzzy equations in economics and financeSolving fuzzy equations in economics and finance
www.sciencedirect.com [PDF]
We develop a simple model of group-lending based on peer monitoring and moral hazard. We find that, in the absence of sequential financing or lender monitoring, group-lending schemes may involve under-monitoring with the borrowers investing in undesirable projects …



Q&A About Joint


Who is liable in a joint situation?

In a joint situation, the debt is shared by all parties involved.

What do you mean by fixed proportions versus variable proportions ?

Fixed proportions means that all inputs must be used at some minimum level regardless what level is needed to produce either output . Variable proportions means that only enough inputs need be used to produce either output such that no unneeded input remains

How can demand curves differ between joint products?

Demand curves could differ in their elasticity. One product could be more price elastic than another.

What is joint product pricing?

Pricing for joint products is the firm's problem of choosing prices for joint products, which are two or more products produced from the same process or operation, each considered to be of value.

How many people can be jointly liable?

Two or more people can be jointly liable.

What does joint liability entail?

Joint liability means that two or more people are responsible for a debt.

What does several liability mean?

Several liability means that each person's obligations are separate from one another.

What does a firm need to consider when pricing for joint products?

A firm needs to consider demand curves and production costs.

What kind of ownership entails joint ownership?

Real property and accounts can have joint ownerships.

Are there different types of production functions that apply to joint product pricing?

There are different types of production functions that apply to joint product pricing . The type determines how much output will be produced at any given level of input (and therefore whether one good is a substitute or complement). This affects how firms should price these goods together since they have an effect on the total revenue generated by selling them as a bundle . If they are complements , then if one good increases in price, it will decrease the quantity demanded for the other good because consumers will buy less of both goods together than if they were sold separately . If they are substitutes , then if one good increases in price, it will increase the quantity demanded for the other good because consumers will buy more of both goods together than if they were sold separately .

How can production costs differ between joint products?

Production costs could differ in their marginal cost curve and fixed proportions of inputs used by both goods.