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Simon says? Equilibrium obedience and the limits of authority
H Rantakari - The Journal of Law, Economics, and Organization, 2023 - academic.oup.com
Authority, as the right to instruct others and to expect obedience, is often presented as a key
mechanism for coordination. But when obedience is voluntary, how is authority sustained …
mechanism for coordination. But when obedience is voluntary, how is authority sustained …
When should a firm employ its workers? A relational contracting approach
A Schöttner, H Upton - A Relational Contracting Approach (October …, 2022 - papers.ssrn.com
A principal hiring an agent chooses between employment and self-employment. Under
employment, the principal can control the manner in which the agent performs the …
employment, the principal can control the manner in which the agent performs the …