This paper documents aspects of demand for and supply of training in Canada, the Netherlands, Switzerland and the United States. The first part presents descriptive information about the initiation, financing, provision and methods of work-related training. In all four countries, firms provide...

Breach remedies serve an important role in protecting relationship-specific investments. The theoretical literature predicts that some commonly used types of breach remedies may protect too well, in the sense that they induce over-investment. The driving forces behind this result are the...