Managerial Economics 2nd Edition by William Boyes

Exercise 3

A recent Wall Street Journal article noted that Intel was considering following the lead of other Silicon Valley firms and doing away with cubicles. Instead of a cubicle, Intel might turn to desks on which employees share space and simply plop their computer down.
a. What could explain this change? Could it be to minimize a "hold-up" problem?
b. Might it be directed toward rent seeking?