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Implicit Contract Theory
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Book Synopsis Implicit Contract Theory by : Sherwin Rosen
Download or read book Implicit Contract Theory written by Sherwin Rosen and published by Edward Elgar Publishing. This book was released on 1994 with total page 504 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume brings together the most innovative and important work on implicit contract theory, a key area of research which has developed over the past 20 years. Implicit contract theory is concerned with the workings of the macro-labour market over business cycles and focuses on a series of key questions including, how economists can explain unemployment levels and employment fluctuations during recessions in terms of rational economic behaviour, and, why wages do not fall to clear the market.
Book Synopsis Implicit contract theory: a critical survey by : Takatoshi Ito
Download or read book Implicit contract theory: a critical survey written by Takatoshi Ito and published by . This book was released on 1982 with total page 66 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Some Fundamentals of the Implicit Contract Theory by : Akio Kagawa
Download or read book Some Fundamentals of the Implicit Contract Theory written by Akio Kagawa and published by . This book was released on 1982 with total page 19 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Current Issues in Labour Economics by : David Sapsford
Download or read book Current Issues in Labour Economics written by David Sapsford and published by Palgrave. This book was released on 1990 with total page 297 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume of essays attempts to examine and analyze recent developments in economic analysis. The essays cover implicit contract theory, job search model, bargaining theory, profit sharing models, institutionalist perspectives and other relevant issues.
Book Synopsis Implicit Contract Theory by : John C. Haltiwanger
Download or read book Implicit Contract Theory written by John C. Haltiwanger and published by . This book was released on 1982 with total page 227 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Implicit Dimensions of Contract by : David Campbell
Download or read book Implicit Dimensions of Contract written by David Campbell and published by Bloomsbury Publishing. This book was released on 2003-07-16 with total page 412 pages. Available in PDF, EPUB and Kindle. Book excerpt: This collection of essays, derived from an international workshop, explores the significance of implicit understandings and tacit expectations of the parties to different kinds of contractual agreements, ranging from simple discrete transactions to long-term associational agreements such as those formed in companies. An interdisciplinary and comparative approach is used to investigate how the law comprehends and gives effect to the these implicit dimensions of contracts. The significance of this enquiry is found not only in relation to the interpretation of contracts in many different contexts, but more fundamentally in how social practices involved in making contracts should be analysed and comprehended.
Book Synopsis Allocation, Information and Markets by : John Eatwell
Download or read book Allocation, Information and Markets written by John Eatwell and published by Springer. This book was released on 1989-09-21 with total page 321 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is an extract from the 4-volume dictionary of economics, a reference book which aims to define the subject of economics today. 1300 subject entries in the complete work cover the broad themes of economic theory. This volume concentrates on the topic of allocation information and markets.
Book Synopsis Insurance and Incentives in Labor Contracts by : Oliver Fabel
Download or read book Insurance and Incentives in Labor Contracts written by Oliver Fabel and published by . This book was released on 1990 with total page 284 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Implicit Contract Theory by : John C.. Haltiwanger
Download or read book Implicit Contract Theory written by John C.. Haltiwanger and published by . This book was released on 1980 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Some Fundamentals of the Implicit Contract Theory by :
Download or read book Some Fundamentals of the Implicit Contract Theory written by and published by . This book was released on 1985 with total page 6 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Implicit Contract Theory of Unemployment Meets the Wage Bill Argument by : G. A. Akerlof
Download or read book The Implicit Contract Theory of Unemployment Meets the Wage Bill Argument written by G. A. Akerlof and published by . This book was released on 1978 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Advances in Economic Theory by : Truman Fassett Bewley
Download or read book Advances in Economic Theory written by Truman Fassett Bewley and published by CUP Archive. This book was released on 1989-07-28 with total page 452 pages. Available in PDF, EPUB and Kindle. Book excerpt: These articles should be helpful to anyone with training in economics.
Book Synopsis The Choice Theory of Contracts by : Hanoch Dagan
Download or read book The Choice Theory of Contracts written by Hanoch Dagan and published by Cambridge University Press. This book was released on 2017-04-17 with total page 195 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Choice Theory of Contracts is an engaging landmark that shows, for the first time, how freedom matters to contract.
Book Synopsis Pensions and the implicit contract theory by : Mary Ellen Benedict
Download or read book Pensions and the implicit contract theory written by Mary Ellen Benedict and published by . This book was released on 1991 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Productivity Effects of Layoffs and Transfers in Implicit Contract Theory by : Takao Kato
Download or read book Productivity Effects of Layoffs and Transfers in Implicit Contract Theory written by Takao Kato and published by . This book was released on 1989 with total page 58 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Economics of Contracts by : Eric Brousseau
Download or read book The Economics of Contracts written by Eric Brousseau and published by Cambridge University Press. This book was released on 2002-10-17 with total page 604 pages. Available in PDF, EPUB and Kindle. Book excerpt: A 2002 survey of economics of contracts appealing to scholars in economics, management and law.
Book Synopsis Implicit Contracts by : Sherwin Rosen
Download or read book Implicit Contracts written by Sherwin Rosen and published by . This book was released on 1985 with total page 66 pages. Available in PDF, EPUB and Kindle. Book excerpt: 7mplicit contracts resolve the distribution of uncertainty and utilization of specific human capital between risk averse workers and less risk averse firms. Incomplete contracts are required to yield involuntary layoffs in contract markets: otherwise, contracts are efficient and pareto optimal by construction. There is a close relation between contract theory and neoclassical labor market theory. Contracts smooth consumption, but increase the volatility of labor supply and labor utilization to demand disturbances, because contractural insurance eliminates the income effects of socially diversifiable risks. This result is similar to the intertemporal substitution hypothesis. However, the price mechanism in a contract is substantially different. Contracts embody a nonlinear two-part pricing scheme. The lump sum part allocates the income-consumption consequences of risks and the marginal pricing part allocates production and labor utilization. This implicit pricing mechanism is in all respects "flexible, " though the observed average hourly wage combines both parts and may give the outward appearanceof rigidity. Furthermore, the observed average wage rate in a contract does not reflect marginal conditions necessary for structural econometric estimation. Indivisibilities appear necessary to account for the split between work-sharing and layoffs. Contracts with private information are also considered in the nonlinear pricing context
