Showing 1 - 10 of 14
This paper examines management contracts as a paradigm for the application of relational contracts theory and especially of the theory of contractual and relational norms. This theory, deriving from Macauley's implications, but structured and analysed by I.R. MacNeil gives us a framework for the...
Persistent link: https://www.econbiz.de/10008599121
The transaction cost theory predicts that firms are inclined to vertically integrate transactions in response to the specificity of their required inputs. Yet, reality proves that some firms engage in repeated transactions with external suppliers aimed at procuring highly specific inputs. To...
Persistent link: https://www.econbiz.de/10005835408
This paper considers a principal-agent relationship and explores the incentive provision when the agent's performance cannot be verified. It contrasts two alternatives for the principal to provide incentives: (i) to subjectively evaluate the agent's performance; and (ii), to delegate this task to...
Persistent link: https://www.econbiz.de/10005619304
The paper develops a model of repeated interaction between a buyer and a seller, which is then tested via laboratory experiments. The model allows for both formal and informal incentives in the contractual relationship between the parties. Formal incentives are explicit, performance-conditioned...
Persistent link: https://www.econbiz.de/10008619169
Recent studies show that colonization and ethnolinguistic fragmentation have relevant long-lasting impacts on ex-colonies and might explain development and underdevelopment of different parts of the world. The aim of this paper is to connect these two strands of the literature to some extent by...
Persistent link: https://www.econbiz.de/10011260564
One of the outstanding aims of most liberation movements has been to increase the economic well-being of their people, Guinea-Bissau being no exception in this respect. How far has the new Nation State succeeded in fulfilling this aim? A comparative analysis of the implementation of land...
Persistent link: https://www.econbiz.de/10005087526
It is by now established knowledge that Japanese interventionist policies versus Korea cannot have been motivated by economic profits. Literature in this respect instead points to socio-political, perhaps military explanations of this instant of Japanese imperialism. Whereas this insight is...
Persistent link: https://www.econbiz.de/10005789810
The study attempts to highlight the interrelation between three central points in the ongoing debate on the political economy of development: viability, surplus, and class-formation. A case study of the develop¬ment of rural labour systems in Northern Nigeria is meant to provide both a better...
Persistent link: https://www.econbiz.de/10005789919
brutal images of failed (neo)colonialism. This essay characterizes colonization, imperialism, and colonialism in order to …, and colonialism. The characterization finds that while colonization, imperialism, and colonialism share strong historical …-city model is voluntary participation of all players. Colonization, imperialism, and colonialism were forceful and repressive …
Persistent link: https://www.econbiz.de/10008919771
This paper proposes that the resurgence of geographic factors in the study of uneven development is not due simply to the recurrent nature of intellectual fashions, nor necessarily because arguments that rely on geographic factors are less simplistic than before, nor because they avoid...
Persistent link: https://www.econbiz.de/10008876877