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This paper offers a contract-based theory to explain the determination of standard hours, overtime hours and overtime … closely to earlier developments in hedonic wage theory. Throughout, we emphasise the intuitive reasoning behind the theory and …
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What happens if A wants to buy a good or service from B, but not all relevant characteristics can be fixed in a contract? This book gives a non-technical overview of various models dealing with this situation. Particular emphasis is put on the problem that the service includes various tasks and...
Persistent link: https://www.econbiz.de/10001880273
What happens if A wants to buy a good or service from B, but not all relevant characteristics can be fixed in a contract? This book gives a non-technical overview of various models dealing with this situation. Particular emphasis is put on the problem that the service includes various tasks and...
Persistent link: https://www.econbiz.de/10013519359
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