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We model conflict between two agents in which each one has two possible strategies: cease-fire or rejection of the truce. We use the concept of pre-donations, namely, a redefinition of the game in which each agent commits to transfer a share of its output to the other agent (Sertel, 1991)....
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Purpose – The purpose of this paper is to study the effect that weak enforceability of property rights has on the human resource practices of firms operating in hostile business environment. Design/methodology/approach – This paper questions the role of the state as the only provider of...
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