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Iceland has high living standards, low poverty, high inclusiveness and one of the most sustainable pension systems. It is the most highly unionised country in the OECD and, in the past, successful social pacts have protected the lowest paid workers during crises, and on occasion helped fight...
Persistent link: https://www.econbiz.de/10011823639
The omnipresent and inevitable conflict is debated a lot in organizational studies. Many researchers study the relationship of conflict management styles and cultural dimensions specifically with individualism – collectivism. But these studies deal the culture at a national level aggregately....
Persistent link: https://www.econbiz.de/10014041809
Post-grant validity challenges at patent offices rely on the private initiative of third parties to correct mistakes made by patent offices. We hypothesize that incentives to bring post-grant validity challenges are reduced when many firms benefit from revocation of a patent and when firms are...
Persistent link: https://www.econbiz.de/10009742118
This thesis critically evaluates the governance, resolution of disputes and regulation of decentralised autonomous organisations (DAOs) through the lens of institutional cryptoeconomics (IC). DAOs, which use smart contracts, and therefore blockchain, are a new type of organisation, which can...
Persistent link: https://www.econbiz.de/10013313210
This paper uses as its theoretical starting point the concept of the firm as a nexus of contracts. It examines the full range of contracts which go into forming this nexus: those formally negotiated, those adopted by custom or practice, and those imposed as legal defaults. The concept of...
Persistent link: https://www.econbiz.de/10014105830
DynCorp International, LLC, a U.S. company, and Aramco, a Saudi-owned corporation, entered into a contract for a computer system which was to be manufactured in the U.S. and installed at Aramco's facilities in Saudi Arabia. The contract contained a “choice of law” provision requiring the...
Persistent link: https://www.econbiz.de/10013052272
paper we first map some institutional governance possibilities for contracting parties (e.g. mediation, private arbitration …
Persistent link: https://www.econbiz.de/10012850145
The blockchain architecture is often envisioned as a potential mechanism for the automation microtransactions between interconnected IoT applications, as transactions could be directly enforced through the technical governance structure it provides. However, this chapter draws attention to the...
Persistent link: https://www.econbiz.de/10012871799
This paper addresses international dispute resolution in Cuba, including bilateral investment treaties, international arbitration and enforcement through the New York Convention of 1958. There are examples of dispute resolutions with foreign investors and joint venture partners that highlight...
Persistent link: https://www.econbiz.de/10013012901
While intra-firm trade accounts for at least one third of world exports, we know very little about the institutions which are employed to resolve intra-firm trade conflicts. According to Oliver Williamson, courts are not accessible and conflicts resulting from intra-firm trade are resolved by...
Persistent link: https://www.econbiz.de/10013007880