Search results
Results from the WOW.Com Content Network
The insider-outsider theory is a theory of labor economics that explains how firm behavior, national welfare, and wage negotiations are affected by a group in a more privileged position. [1] The theory was developed by Assar Lindbeck and Dennis Snower in a series of publications beginning in 1984.
Inside Job is a 2010 American documentary film, directed by Charles Ferguson, about the 2008 financial crisis.Ferguson, who began researching in 2008, [3] said the film is about "the systemic corruption of the United States by the financial services industry and the consequences of that systemic corruption", [4] amongst them conflicts of interest of academic research, which led to improved ...
Secondly, the agent may be risk-neutral but wealth-constrained and so the agent cannot make a payment to the principal and there is a trade-off between providing incentives and minimizing the agent's limited-liability rent. [47] Among the early contributors to the contract-theoretic literature on moral hazard were Oliver Hart and Sanford J ...
Troublesomely high inflation rates may have an overlooked metric at their source: soaring insurance costs. But don't take our word for it, just listen to Federal Reserve Chair Jerome Powell.
A massive insider trading case brought by the SEC revealed that some people working for SAC Capital routinely skirted the rules surrounding non-public information and allowed them to bag big ...
Screening techniques are employed within the labour market during the hiring and recruitment stage of a job application process. In brief, the hiring party (agent with less information) attempts to reveal more about the characteristics of potential job candidates (agents with more information) so as to make the most optimal choice in recruiting a worker for the role.
In a new interview with Yahoo Finance taped on Jan. 27, progressive Congresswoman Alexandria Ocasio-Cortez explained why it's difficult to convince lawmakers to rein their own stock trading.
If the agent receives a fixed fee, the agent may nonetheless act in a manner that is inconsistent with the principal's interests. The agent may adopt this strategy if they believe the negotiation is a one-shot game. The agent may adopt a different strategy if they account for reputational consequences of acting against the principal's interests.