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.

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…

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…

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…

The induction training is very vital for all the new recruits. It helps to reduce the time and cost for the employees to adhere to the organization and facilitate the new employees to perform effectively. It helps the employees to…

Background: Duchenne muscular dystrophy (DMD) is the most common hereditary neuromuscular disease. No curative treatment for DMD is known. Prednisone therapy is the first medical treatment that alters the course of DMD. Several studies about the doses and administrations of…

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.…

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…