In this laboratory study, we investigate the interactive behaviors that develop over a perceived long-term contractual relationship.
The company objected to the government's change in its "stranded-costs" policy, which reimburses regulated companies for long-term contractual costs incurred before they were subjected to competition.
Managers can particularly find in relational norms a leverage point for designing collaborative day-to-day practices aimed at reinforcing trust and long-term contractual obligations.
In the cosmetics industry, L'Oréal Paris has taken a similar approach, striking long-term contractual relationships with a few top-ranked influencers.
Although a certain ambiguity has always existed, there has been a tendency to equate the term "relational contract" with long-term contractual involvements.
Studies have highlighted the development of increasing long-term contractual relationships between temporary work agencies and client companies in countries such as Germany, the Netherlands and the US.
We demonstrate that the optimal framework for designing the corridor project is a long-term contractual agreement to coordinate bilaterally the necessary investments.
The accompanying analysis suggested that these hefty costs would be triggered by "long-term contractual arrangements" relating to "printing, distribution and back office services, in addition to redundancy costs".
In this case, electricity producers can derive their best offering strategy both in the power exchange and the long-term contractual markets within a profitable, yet secure electricity market.
But the evidence shows that only Slovakia's NPPs can effectively diversify the fuel for the VVER-440 fleet, as Slovakia is the only country without long-term contractual obstacles to changing suppliers.
Also, greater financial support on both the supply and demand side is highlighted as being necessary: on the supply side linking multifunctional benefits of SRP and targeted payments, along with increased long-term contractual arrangements between farmers and energy plant operators; demand side incentives should overcome any difference in price between fossil fuels and energy crops.
