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The Expectation Measure, Labor Contracts, and the Incentive to Work Hard

De Geest, Gerrit; Siegers, Jacques; Vandenberghe, Ann-Sophie - 2011

Under American or Dutch law, employees who leave the firm earlier than expected do not have to compensate the employer for lost profits in most cases. This conflicts with the general view in law and economics scholarship that the expectation measure is the superior remedy. We argue that the...

Persistent link: https://www.econbiz.de/10014134043