Limited liability effect thinks that companies of the high debt level will be implemented tough market competition; the debt can play a strategic effect as commitment device.
有限责任效应认为，高负债水平预示着企业将要实施强硬的市场竞争行为，债务作为承诺装置能够发挥战略作用。
A Groupon is also a commitment device: it's a way of forcing yourself to do something you really want to try at some point, but something you know you might otherwise never get around to.
团购同时是一种承诺工具：它会迫使你尝试那些心中觊觎、但可能永远不会去尝试的东西。
Groupon is also a commitment device: it's a way of forcing yourself to do something you really want to try at some point, but something you know you might otherwise never get around to.
团购同时是一种承诺工具：它会迫使你尝试那些心中觊觎、但可能永远不会去尝试的东西。
Groupon is also a commitment device: it's a way of forcing yourself to do something you really want to try at some point, but something you know you might otherwise never get around to.
团购同时是一种承诺工具：它会迫使你尝试那些心中觊觎、但可能永远不会去尝试的东西。
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