The NSW government’s announcement of a $1,000 fine for failing to report a positive voluntary rapid antigen test will likely achieve the opposite of its intention.
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Articles on Contract theory
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Hart and Holmström changed the way we think about corporate governance.
Contracts have governed the workings of the economy since ancient times. Contract theory is about ensuring they have the right incentives.
Two US-based professors who improved our understanding of how contract theory works have won the 2016 award.
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