Exact(4)
Mike Nichols, who directed Ms. Taylor in "Who's Afraid of Virginia Woolf?," said her loyalty to other former child stars -- who are often seen as bizarre, even freakish -- probably goes back to her hatred of MGM, which held her to a rigid contract as a young actress.
Risk-averse borrowers, on the contrary, are more likely to stick to the rigid contract when this is cheaper than the flexible contract.
The paper thus indicates that lenders should offer a menu of contracts where the flexible and the rigid contract are provided simultaneously, at different prices.
I build an adverse selection model that predicts the existence of a separating equilibrium where lenders are able to achieve higher profits by simultaneously offering a rigid and a flexible repayment schedule, instead of just a rigid contract.
Similar(4)
But wages are not the only rigid contracts workers face their debts are fixed too.
While traditional leasing offerings are characterised by rigid contracts and lack of transparency, Cluno relies on a flexible model, digital-first customer experience with transparent all-inclusive pricing," he says.
In addition, efforts should be made by both the government and private health providers to review the current Service Agreement template, so that is should not only focus on the judicial aspect of rigid contracts, but also incorporate supportive partnerships among stakeholders of health at all levels of health care delivery.
They are generally obligated to rigid and inflexible contracts, often arranged by third-party agencies.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com