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The Simple Analytics of Implicit Labour Contracts

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  • Taylor, Mark P

Abstract

This paper outlines the development and exposits some of the central ideas of implicit contract theory using only basic mathematics (mainly Lagrangeans) and diagrams. Copyright 1987 by Blackwell Publishing Ltd and the Board of Trustees of the Bulletin of Economic Research

Suggested Citation

  • Taylor, Mark P, 1987. "The Simple Analytics of Implicit Labour Contracts," Bulletin of Economic Research, Wiley Blackwell, vol. 39(1), pages 1-27, January.
  • Handle: RePEc:bla:buecrs:v:39:y:1987:i:1:p:1-27
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    Cited by:

    1. Thorsten Posselt & Thomas Bürkle, 2006. "Franchising als Mischsystem: Die Bestimmung des optimalen Anteils der franchisenehmerbetriebenen Einheiten am Gesamtsystem," Schmalenbach Journal of Business Research, Springer, vol. 58(2), pages 150-168, March.
    2. Schob, Ronnie & Wildasin, David E., 2007. "Economic integration and labor market institutions: Worker mobility, earnings risk, and contract structure," Regional Science and Urban Economics, Elsevier, vol. 37(2), pages 141-164, March.
    3. Bürkle, Thomas & Posselt, Thorsten, 2008. "Franchising as a plural system: A risk-based explanation," Journal of Retailing, Elsevier, vol. 84(1), pages 39-47.
    4. Burkle, Thomas, 2003. "The Advantage of Employing Workers With Short Time Perspectives," Institute for Research on Labor and Employment, Working Paper Series qt6pg5q88n, Institute of Industrial Relations, UC Berkeley.

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