Societies provide institutions that are costly to use, but able to enforce long-run relationships. We study the optimal decision problem of using self-governance for risk sharing or governance through enforcement provided by these institutions. Third-party enforcement is modelled as a costly...

This country report identifies and outlines regulation on liability in subcontracting processes in Spain. It is based on an analysis of secondary literary sources of information and on the results of interviews with key players in the field. The introduction briefly describes the broad...

This country report identifies and outlines regulation on liability in subcontracting processes in the Netherlands. It is based on an analysis of secondary literary sources of information and on the results of interviews with key players in the field. The introduction briefly describes the broad...