Search results for "contracts."
showing 10 items of 73 documents
Flexible Wage Contracts, Temporary Jobs, and Firm Performance: Evidence From Italian Firms
2013
This study focuses on the effects of decentralized wage schemes and temporary forms of employment on firm performance. The effect of monetary incentives on workers' effort and firm performance is a central topic in economics. According to the principal-agent paradigm, firms (the principal) have to link employees' remuneration schemes to any verifiable indicator of performance to avoid opportunistic behavior. The empirical evidence shows that financial incentives have the potential to exert strong effects on indicators of firm performance, such as productivity and worker absenteeism, although the degree of effectiveness of such schemes varies significantly according to the institutional/econ…
Nonlinear associations between breached obligations and employee well-being
2015
Purpose – The purpose of this paper is to analyze the nonlinear association between proportions of breached obligations within the psychological contract (PC) and three dimensions of employee well-being, and the mediating role of contract violation in these relationships. With this study the authors gain a more detailed understanding of PC evaluations and their consequences for well-being. Design/methodology/approach – The authors build on asymmetry effects theory and affective events theory to propose that breached obligations outweigh fulfilled obligations in their association with well-being. The hypotheses are tested using a sample of 4,953 employees from six European countries and Isr…
La tutela del contraente debole nella platform economy
2018
Negli ultimi anni si è affermato un nuovo modello di attività produttiva nel quale piattaforme digitali mettono in contatto gruppi interdipendenti di agenti economici per facilitare lo scambio di beni e l’erogazione di servizi. Dinanzi a questa trasformazione nell’organizzazione d’impresa, nel coordinamento del lavoro e nella struttura dei mercati, il diffuso appello a stabilire un “terreno di gioco neutrale” diviene la premessa per proporre la deregolamentazione di interi comparti economici valorizzando la capacità di autogoverno delle piattaforme. Mentre le reazioni a queste proposte sono confinate quasi esclusivamente alla questione del lavoro, è mancata finora un’analisi più generale de…
Acerca de la redefinición de la autonomía privada en la sociedad tecnológica
2018
La sociedad tecnológica del siglo XXI exige una redefinición de la autonomía de la voluntad como principio vertebrador del Derecho privado. Este artículo introduce una reflexión sobre la actualidad de este principio a la luz de dos fenómenos: la creciente vulnerabilidad del consumidor en la contratación de productos y servicios complejos y el incierto panorama resultante de la implementación de la tecnología blockchain a las transacciones contractuales inter privatos. Technological Society in the 21st Century requires a redefinition of principle of private autonomy. This essay analyses this issue referring to the problems of vulnerable consumer and application of blockchain technology to pr…
Various Approaches to Early Contractor Involvement in Relational Contracts
2021
Abstract The main rationale for involving contractors is to apply collaboration to mitigate risk and to harvest opportunities to reduce cost and to increase the project owner’s value. In the paper we argue in the applied analytical model that there are four levels of early contractor involvement (ECI), which are 1) Preparation of the project (before sparking off competition); 2) During the procurement phase (development of what to build); 3) Project delivery model (before construction contract, but after the contractor and designers are selected); 4) Project delivery model (where involvement also continues in the execution phase). In the paper we argue that category 4 have the largest poten…
The risk management in the international contracts of marine renewable energy : focus on offshore wind farms
2022
At a time when climate change is becoming the main concern, the renewable energy sector is developing extremely rapidly. In order to add other sources to the existing ones and to increase electricity production while ensuring its stability, the sea has quickly been considered as an attractive alternative. However, the creation of a new industry is a major challenge and marine renewable energy projects are very expensive and risky. The concept of risk was created specifically regarding the management of human activities at sea. The example of offshore wind energy allows us to go back to the origins of the notion of risk by considering it from the point of view of the company, and to analyse …
Rolling Over EUAs and CERs
2012
Whatever derivative contract has a finite life limited by their maturity. The construction of long series, however, is of interest for academic, hedging and investments purposes. In this study, we analyze the relevance of the choice of the rollover date on European Union Allowances (EUAs) and Certified Emissions Reduction (CERs) futures contracts. We have used five different methodologies to construct long series and the results show that, regardless of the criterion applied, there are not significant differences between the resultant return distribution series. Therefore, the least complex method, which is to roll on the last trading day, can be used in order to reach the same conclusions.…
The role of information and communication technologies and logistics organization in the economic performance of Sicilian fruit and vegetable enterpr…
2013
Through a direct survey conducted on a sample of firms operating in the Sicilian fruit and vegetable sector, the present study provides an empirical evidence on the degree of diffusion of ICTs as well as on relationships with the regional distribution system. To pursue this goal, a multiple regression analysis model was implemented to identify which factors affect more the economic results of fruit and vegetable enterprises. The main results of the analysis indicate that firms using specific software for accounting, warehousing, payment and sales orders and contracts, are more likely to obtain higher economic performances under the “coeteris paribus” condition, as well as firms which are eq…
Smart Auctions for Autonomic Ambient Intelligence Systems
2020
The main goal of Ambient Intelligence (AmI) is to support users in their daily activities by satisfying and anticipating their needs. To achieve such goal, AmI systems rely on physical infrastructures made of heterogenous sensing devices which interact in order to exchange information and perform monitoring tasks. In such a scenario, a full achievement of AmI vision would also require the capability of the system to autonomously check the status of the infrastructure and supervise its maintenance. To this aim, in this paper, we extend some previous works in order to allow the self-management of AmI devices enabling them to directly interact with maintenance service providers. In particular,…
SMART CONTRACTS E TECNOLOGIE BASATE SU REGISTRI DISTRIBUITI NELLA L. 12/2019
2021
The essay addresses the issue of the regulation of smart contracts and technologies based on distributed ledgers, as regulated by the national law 12/2019. It highlights some critical issues related to the formulation and understanding of these concepts, definitely relevant for scholars but, at the same time, very complex in their understanding, giving the multidisciplinary implications they are related to. Finally, the essay addresses the two different approaches in the matter, the European and the national one, and underlines the necessity of a more uniform perspective, also in consideration of the missing guidelines by the Agenzia per l’Italia digitale (AgID).