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Because those figures are roughly the same, Saskin said, a salary cap or similarly "enforceable relationship between revenues and player costs" is not needed.
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Laws create holders of duties and rights (stakeholders) and enforceable relationships between them.
The judge argued that the bill violated a clause in the state constitution that makes pensions an "enforceable contractual relationship".
We refer to the set of all enforceable payoff relationships as E δ.
As δ → 1, the limiting set of enforceable payoff relationships is characterized by Proposition 6 ii); Fig. 4 provides an illustration.
The set of enforceable payoff relationships is monotonically increasing in the discount factor: if δ ′ ≤ δ ″, then E δ ′ ⊆ E δ ″.
(i) The set of enforceable payoff relationships is monotonically increasing in the discount factor: if δ ′ ≤ δ ″, then E δ ′ ⊆ E δ ″. (ii) There is a δ < 1 such that ∈ E δ if and only if − 1 < χ < 1 and (35) max { P, S − T χ 1 − χ } ≤ κ ≤ min { R, T − S χ 1 − χ }, with at least one inequality in (35) being strict.
Definition 5 For a given δ, we call a payoff relationship ∈ R 2 enforceable if there are ϕ ∈ R and p 0 ∈ [ 0, 1 ] such that each entry of the continuation vector p ˜ according to Eq. (33) is in [0,1].
While the "nexus of contracts" paradigm conveys, at least rhetorically, the view that the relationships among those interacting within the corporation are fixed and enforceable, the reality may be that these relationships are more fluid and transitional, with outcomes determined less on the basis of legal rights than through coalition politics.
Many are surprised to learn that legacy groups like the NAACP and LULAC that oppose strong and enforceable Net Neutrality rules also enjoy a close relationship with the major phone and cable companies.
Enforceable security polices and their enforcement.
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