role of rules that limit debt, crucial for aggregate PBCs to take place. Since the budget process under separation of … powers typically requires that the legislature authorize new debt, divided government can make these fisscal rules credible …

Using simple game-theoretical models, this paper studies the role of pre-determined rules for HRM policies. We consider … of written rules, managers are too reluctant (1) to differentiate between employees on the basis of their abilities, and … (2) to terminate employment of employees on probation. Generally, organizations benefit from committing to strict rules …

Theories of rules and discretion have become a corner stone in the formulation of macroeconomic policy. They suggest … that monetary policy rules are first best in terms of social welfare. However, if commitment is not feasible, delegating … one hundred years provides an excellent case to assess the empirical evidence on the use of rules and central bank …

compete with imperatives (general moral rules or precepts) as alternative modes of communication to persuade agents to behave …

simplification on the success determinants, the self-constructed simplification rules can be considered to be effective. A positive … economic influence for each value-adding partner is predicted by the implementation of simplification rules. A win …