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We offer the first direct evidence of an implicit contract in a goods market. The evidence comes from the market for Coca-Cola. We demonstrate that the Coca-Cola Company left a written evidence of its implicit contract with its consumers—a very explicit form of an implicit contract. The...
Persistent link: https://www.econbiz.de/10010687026
In the determination of his civil rights and obligations or of any criminal charge against him, everyone is entitled to a fair and public hearing within a reasonable time by an independent and impartial tribunal established by law. The right to fair trial is seen as an essential right in all...
Persistent link: https://www.econbiz.de/10010764663
In last few decades the Public Administration has changed. It is well known that the public sector is obliged to follow social needs by modernizing its procedures and services. The goal of the Public Administration is to serve society. But, the existed laws and regulations do not always cover...
Persistent link: https://www.econbiz.de/10010764669
In this paper are analyzed prospects for nuclear energy utilization in the future paying special attention to the protection of environment. Shadow of global crisis appeared over all of us during these days. The most important story in media in 2009. in all countries of the world was economic...
Persistent link: https://www.econbiz.de/10010764677
The European Union established cooperation between the member-states which was unique so far. The EU is not a traditional international organization; nor a classic federal state. This paper put the focus on the most important public caracters of the institutional system of the EU by summarizing...
Persistent link: https://www.econbiz.de/10010764682
Academics and policy makers are increasingly shifting the debate concerning the best form of public service provision beyond the traditional dilemma between pure public and pure private delivery modes, because, among other reasons, there is a growing body of evidence that casts doubt on the...
Persistent link: https://www.econbiz.de/10010775674
This paper presents a contracting model of governance based on the premise that CEOs are the main promoters of governance change. CEOs use their power to extract higher pay or private benefits, and different governance structures are preferred by different CEOs as they favor one or the other...
Persistent link: https://www.econbiz.de/10010592923
This paper uses variation in victimization probabilities and past victimization between individuals living in the same community to shed new light on the costs of crime. I use panel data from the Mexican Family Life Survey for 2002 and 2005 and look at the impact of within-community differences...
Persistent link: https://www.econbiz.de/10010594634
The purpose of this study is to examine the impact of institutions on fixed capital accumulation over time in two developing countries, both former German colonies: Namibia and Tanzania. This is motivated by two recent underpinning theories: the new institutional theory, which views institutions...
Persistent link: https://www.econbiz.de/10010598097
In this paper the authors have tried to capture some of the main ideas of the work of one of the most appreciated Transylvanian jurists – Vaida Ladislau – mainly those ideas that have correspondent in actuality. Thus, Ladislau Vaida’s ideas and theories about the nation, its foundation,...
Persistent link: https://www.econbiz.de/10010601637