You have just made a relationship-specific investment to manufacture and supply microprocessors for a company. Let P1 denote the price you expect to receive when you successfully sell the microprocessor to the company. Also let P2 (which is smaller than P1) denote the price you expect to receive when you would have to sell the microprocessors to jobbers or elsewhere. If the difference between P1 and P2 gets smaller, the greater is the relationship specific portion of the investment; the more likely you are to become the victim of a hold-up problem the greater is the relationship specific portion of the investment; the less likely you are to become the victim of a hold-up problem the smaller is the relationship specific portion of the investment; the more likely you are to become the victim of a hold-up problem the smaller is the relationship specific portion of the investment; the less likely you are to become the victim of a hold-up