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International Law

: Sociaalrecht Blog

Loononderhandelingen door de ogen van econoom Frank Knight

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uit F. Knight, Risk, uncertainty and profit, Boston, Hart, Schaffner & Marx, 1921, http://www.econlib.org/library/Knight/knRUPCover.htmlIII.IX.17 - The production-distribution system is worked out through offers and counter-offers, made on the basis of anticipations, of two kinds. The laborer asks what he thinks the entrepreneur will be able to pay, and in any case will not accept less than he

Full post as published by Sociaalrecht Blog on April 16, 2010 (boomark / email).

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