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Since then, with the confluence of computers, increased trade and weakened unions, the social contract has collapsed, and worker-employer matches have become harder to make.
We consider strict liability and other regimes such as negligence and comparative fault, and show that the first-best solution is not achieved in those regimes because they incentivize the parties to consult the court in order to determine the identity of the obligor, and this is done only after the contract has collapsed.
Similar(58)
But as the Air Force prepares to seek final bids, the Senate Armed Services Committee, prodded by Boeing's supporters, demanded the investigative files and held the hearing to examine how the service could have been so sloppy, especially given that two previous efforts to award the contract had collapsed.
Private ownership has collapsed.
"Parliament has collapsed.
The economy has collapsed.
Capital investment has collapsed.
Morale has collapsed.
Tourism has collapsed.
Syria has collapsed.
Confidence has collapsed.
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CEO of Professional Science Editing for Scientists @ prosciediting.com