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...

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Hlavní autor: Malcomson, JM
Médium: Journal article
Jazyk:English
Vydáno: Elsevier 2014