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In this paper, a principal's decision between delegating two tasks or handling one of the two tasks herself is analyzed. We assume that the principal uses both, formal contracts and informal agreements sustained by the value of future relationships (relational contracts) as incentive device. It...
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to tighten and reduce, if not prohibit, the use of temporary employment contracts (TECs) and job outsourcing. This paper … analyzes the policy idea and its potential economic consequences by looking at the roles of TECs and job outsourcing in the …
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