Contract framing: Keep your eyes on the prize

2020 ◽  
Author(s):  
Andrea Essl
Keyword(s):  
Contract Framing ◽  
Eyes On The Prize

The Effects of Contract Framing on Misconduct and Entitlement

2018 ◽  
Vol 94 (3) ◽  
pp. 329-344 ◽  
Author(s):  
Jennifer E. Nichol
Keyword(s):  
Data Availability ◽  
Incentive Contract ◽  
Contract Framing ◽  
Sense Of Entitlement

ABSTRACT This study examines the effects of incentive contract framing on misreporting and entitlement. I conduct a 2 × 2 between-subjects experiment, manipulating incentive contract framing (Bonus/Penalty) and the awareness of the opportunity to misreport (Before Effort/After Effort). I predict and find that (1) penalty contracts cause a higher rate and degree of misreporting, and (2) this greater misreporting occurs due to a greater sense of entitlement to the incentive funds. Collectively, this study's theory and results indicate that while penalty contracts can sometimes increase effort relative to bonus contracts, they also encourage greater dishonesty in reporting when that effort is not successful. Data Availability: Contact the author.

scholarly journals Hermeneutical Injustice, Contract Law, and Global Value Chains

2020 ◽  
Vol 16 (1) ◽  
pp. 139-159
Author(s):  
Lyn K.L. Tjon Soei Len
Keyword(s):  
Social Power ◽  
Global Value Chains ◽  
Contract Law ◽  
Value Chains ◽  
Party Autonomy ◽  
Normative Constraint ◽  
Contract Framing ◽  
Exchange Relations

AbstractGlobal value chains (GVCs) resist dominant contract framing, because presumptions about contract’s bilateral structure and party autonomy fail to capture the complex interconnections between private exchange relations. Contract law seems to obscure, rather than capture, the ways in which the relationships and experiences of various actors in GVCs are linked. This article argues that, in doing so, contract law contributes to systemic hermeneutical injustice. Systemic hermeneutical injustice captures how shared interpretative resources can render those in disadvantaged positions of social power unable to make intelligible that what is in their interest to render intelligible. The article’s primary aim is to show how this form of injustice bears on contract law and how it can function as an independent normative constraint on the institution of contract law.

ECONOMICS: Eyes on the Prize?

Science ◽  
2009 ◽  
Vol 323 (5919) ◽  
pp. 1296-1297 ◽  
Author(s):  
D. K. Levine
Keyword(s):  
Eyes On The Prize

Eyes on the Prize [Women to Watch]

2010 ◽  
Vol 4 (2) ◽  
pp. 6-10
Author(s):  
Nancy Salim
Keyword(s):  
Eyes On The Prize

Tadpoles keep their eyes on the prize

2012 ◽  
Vol 13 (9) ◽  
pp. 602-602
Author(s):  
Rachel Jones
Keyword(s):  
Eyes On The Prize
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