This study explores employee responses to individual performance management practices in two culturally dissimilar agencies of the federal public sector, the Department of Finance and Administration (DOFA) and the Australian Defence Force (Army). In so doing, it invokes Rousseau's distinction...

A well-known theory (Lazear, 1979) argues that wage patterns in which younger workers are underpaid relative to marginal revenue product and older workers are overpaid relative to marginal revenue product can be understood as an implicit contract designed to combat principal-agent problems in...

It is widely believed that in the 1990s the U.S. experienced a period of widespread corporate "downsizing" in which firms lay off workers - often well-educated workers with high tenure - to an extent far greater than in the past. Recent empirical studies have lent some support to this belief. I...

This paper employs a game-theoretic framework and a comparative historical analysis to study the impact of the Great Depression on corporate welfarism,' i.e., employers' voluntary provisions of non-wage benefits, greater employment security, and employee representation to their blue-collar...

The article proposes a research program to compare game forms in terms of their ability to govern ex post adjustments to ex ante contracts. The comparisons can be based on direct implementation-costs or the extent to which desirable adjustments are not implemented. In several examples of the...

At the heart, the Psychological Contract is a philosophy - not a process or a tool or a formula. This reflects its deeply significant, changing and dynamic nature. The way we define and manage the Psychological Contract and how we understand and apply its underpinning principles in our...