Directory UMM :Data Elmu:jurnal:I:International Review of Law and Economics:Vol20.Issue3.2000:
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Because of the larger impact of the moral hazard problem on the expected payoff to the intermediate and poor quality receivables, sellers must offer recourse in order to sell them..
Given an insignificant deterrence effect of the repeated punishment, both an increase in the time horizon and in the length of the prison term spelled out in either of the two
Fifth, the government can foster the creation of norms. In the case of coordination norms, the government can promulgate the new norm, as in the examples we gave earlier. When guilt
P ROPOSITION 1: Optimal multiproduct retailing under conditions of imperfect consumer infor- mation and imperfect competition between retailers induces loss leading on a subset
Motivated by Feder’s two-sector model concerning exports and growth, this article intends to propose a dynamic framework, which bases on the production function theory and consists
The main results obtained are: sector-specific migration of labor may raise domestic welfare, while with capital accumulation such migration necessarily raises the relative price of
Although a more complete discussion of the impacts of the various assumptions would have made the chapter better, the current contents of this chapter should be useful both
This investigation indicates that the combination of the CEO and chairman of the board into one position may influence the internal control system of a banking firm in such a way as
