The purpose of this paper is to explore the notion of economic informality and its application in the rural context of developing and transitional economies, applying Keith Hart's (1987) notion of informality as a 'remedial concept'. Some remedy is needed to make sense of the many 'palpable...

We present a model of wage contract violation that implies a possibility of multiple equilibria in the level of arrears. Positive feedback arises because each employer's arrears affect the costs of late payment faced by other employers operating in the same labor market, resulting in a network...

In the classical Harris-Wilson (1915) inventory model all the cost associated with the formula was taken to be constant and which also does not depend on any quantity. There are many practical situations where this is not true. This paper considers an inventory model where the carrying cost...

Suppliers of consumer packaged goods are facing an increasingly challenging situation as they work to fulfill orders from their retail partners' distribution facilities. Traditionally these suppliers have generated forecasts of a given retailer's orders using records of that retailer's past...

This paper begins to develop a narrative theory of political agency. The financial crisis of 2008 has stirred new interest in the way that narratives define, channel and motivate human action. Stories about property windfalls raised the expectations of investors and seemed to confirm the...

This paper continues the analysis of an organization in a community from within the spiritual model of humanity. The paper shows how corporate social responsibility is an integral aspect of governance strategic responsibility in integrating the organization into the community in which it is embedded

This study presents a scientometric evaluation of 984 papers relating to incomplete contract indexed by SSCI over the period 1986–2016, and provides helpful insights into the main trends and characteristics of research on incomplete contract in many aspects. The results show that there has...

This chapter summarizes leading critiques of law and economics. For the most part, we put aside objections to particular applications of law and economics to distinct fields of law. We focus on rather general criticisms that properly apply to widely shared core commitments within the field of...