This paper offers an explanation of rationally contracts where incompeteness refers to unforeseen contingencies. Agents enter a relationship with two-sided moral hazard in which a commitment to discard parts of the joint resources may be ex ante efficient.

Faced with a shortage of skilled labour, more and more companies invest in training and education of their personnel. Organizational managers are confronted with the problem how to assess and compare employee’s advantages and disadvantages with its competitors, which criteria…

We instillate rational cognition and learning in seemingly riskless choices and judgments. Preferences and possibilities are given in a stochastic sense and based on revisable expectations. the theory predicts experimental preference reversals and passes a sharp econometric test of the…

This paper intends to evaluate the features, peculiarities and possibilities of virtual person. A person, who constantly uses social-economic information, creates human and other features of virtual person. Individuals and companies communicating in virtual space are conceivable as virtual person.…

BACKGROUND:Global health research is essential for development. A major issue is the inequitable distribution of research efforts and funds directed towards populations suffering the world's greatest health problems. This imbalance is fostering major attempts at redirecting research to the health…

The main aim of the paper is to create a model of the key elements affecting the use of innovation in marketing management on base of detailed analysis of literature and conducted research. This model should be supported by designed…

Aquest article presenta un estudi de cas que analitza la interacció a l’aula en l’ensenyament-aprenentatge de llengua catalana a quart de primària. Concretament, l’anàlisi se centra en l'actuació discursiva oral d’un mestre novell des del punt de vista de les…

Žinių samprata yra sudėtinga, įvairi ir daugiaprasmė. Moksliniu požiūriu žinių prigimtį ir esmę jau keletą dešimtmečių tyrinėja įvairių sričių mokslininkai, tačiau iki šiol nėra sukurtos visuotinai pripažintos žinių potencialo vertinimo metodikos, vartojamos skirtingos sąvokos, nesutariama, kokie veiksniai yra esminiai vertinant…

This paper uses longitudinal data from a survey of youth in three areas (Hamilton, Halifax and rural Nova Scotia) to examine the factors that affect young adults' participation in postsecondary education, applying Bourdieu's notions of capital and habitus. Data were…

As British Columbia's economy is increasingly shaped by post-industrial circumstances, it becomes necessary for that province, like others in Canada, to ensure that it has an adequate supply of workers with "new economy" knowledge and skills. How best to prepare…