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Contracts as Reference Points - Experimental Evidence

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NBER2008-11-01 更新2025-01-04 收录
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https://www.nber.org/papers/w14501
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In a recent paper, Hart and Moore (2008) introduce new behavioral assumptions that can explain long-term contracts and important aspects of the employment relation. However, so far there exists no direct evidence that supports these assumptions and, in particular, Hart and Moore's notion that
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2008-11-01
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