Psychological studies show that most people are overconfident about their own relative abilities, and unreasonably optimistic about their futures (eg, Neil D. Weinstein, 1980; Shelly …
HH Wang, Y Wang, MS Delgado - American Journal of …, 2014 - Wiley Online Library
Recent years have seen considerable interest in the impact of contract farming on farmers in developing countries, motivated out of belief that contract farming spurs transition to modern …
M Raith - American Economic Review, 2003 - pubs.aeaweb.org
It seems fair to say that most economists believe that product market competition has a positive influence on managerial incentives and hence the productive efficiency of firms. 1 …
Abstract Since Ronald H. Coase's (1937) seminal paper, a rich set of theories has been developed that deal with firm boundaries in vertical or input–output structures. In the last …
Designed specifically for economics students, The Economic Approach to Law, 2nd Edition, provides an introductory treatment of law and economics, revealing how economic …
DA Ackerberg, M Botticini - Journal of Political Economy, 2002 - journals.uchicago.edu
Empirical work on contracts typically regresses contract choice on observed principal and agent characteristics. If (i) some of these characteristics are unobserved or partially …
DW Parker, U Dressel, D Chevers… - International Journal of …, 2018 - emerald.com
Purpose Agency theory suggests that divergences will occur when a principal, eg client, and agent eg a project manager, interests are different in the execution of a project. The purpose …
Parce qu'elles sont susceptibles d'influer sur les législations contractuelles, les politiques et les pratiques industrielles, il est important que les théories des contrats se basent, autant …
A contract is an agreement under which two parties make reciprocal commitments in terms of their behavior to coordinate. As this concept has become essential to economics in the …