Relational contracts and specific training
This paper explores the implications of specific training for relational contracts. A standard result for sustaining a relational contract is that the parties must jointly receive a surplus over what they can get by separating. This has been interpreted as employees with relational contracts having...
Main Author: | Malcomson, JM |
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Format: | Journal article |
Language: | English |
Published: |
Elsevier
2014
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