Daniel Liberto is a journalist with over 10 years of experience working with publications such as the Financial Times, The Independent, and Investors Chronicle. Dr. JeFreda R. Brown is a financial ...
In Jean Jacques Rousseau’s theory of social contract, individuals enter into an agreement with the rulers to empower them to take decisions on their behalf in exchange for certain rights. The 2016 ...
Two professors and economists—Oliver Hart and Bengt Holmström—received the Nobel Prize in Economic Sciences Monday for their insights into modern contract theory, specifically how businesses and ...