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Economic theory of voluntary agreements
two parties regarding the future exchange of goods or services. Implicit contracts theory was first developed to explain why there are quantity adjustments
Implicit_contract_theory
Topics referred to by the same term
Implicit contract may refer to either of these related concepts: Implied-in-fact contract in law Implicit contract theory in economics This disambiguation
Implicit_contract
Concept in political philosophy
In moral and political philosophy, the social contract is an idea, theory, or model that usually, although not always, concerns the legitimacy of the
Social_contract
Greek microeconomist
economic growth and development. Azariadis originated and developed implicit contract theory. Azariadis studied engineering in the National Technical University
Costas_Azariadis
Condition in which a person is unemployed despite being willing to work
have several theories explaining the possibility of involuntary unemployment, including implicit contract theory, disequilibrium theory, staggered wage
Involuntary_unemployment
Legally binding document establishing rights and duties between parties
Employment contract Estoppel Ethical implications in contracts Force majeure Further assurances Gentlemen's agreement Good faith Implicit contract Indenture
Contract
Legal theory that ongoing contracts are founded on the relationship between the parties
contract are an outline, while implicit terms and understandings determine the behaviour of the parties. Relational contract theory was originally developed
Relational_contract
Term in law and economics
In contract law, an incomplete contract is one that is defective or uncertain in a material respect. In economic theory, an incomplete contract (as opposed
Incomplete_contracts
Concept in organizational theory
psychological contract and social exchange theory because the relationship's worth is defined through a cost-benefit analysis. The implicit nature of the
Psychological_contract
Economic concept, a fixed price or wage
of theories for explaining real rigidities in the labor market: implicit contract theories, efficiency wage theories, and insider–outsider theories. New
Real_rigidity
Statement supporting a conclusion
arguments, and their content. Explicit premises are overtly stated, whereas implicit premises are tacitly assumed without appearing in the text, often involving
Premise
Approach to social philosophy
that may result from such implicit values. It has been called critical theory in practice. In the spirit of critical theory, this approach seeks to determine
Critical_theory
Kind of contract in labour law
An employment contract or contract of employment is a kind of contract used in labour law to attribute rights and responsibilities between parties to a
Employment_contract
Type of contractual promise
differs from jurisdiction to jurisdiction, but an option contract can either be implicitly created instantaneously at the beginning of performance (the
Option_contract
Account of attitude formation developed by psychologist Daryl Bem
to determine "whether facial feedback can modulate implicit racial bias as assessed by the Implicit Association Test (IAT)." Participants were surreptitiously
Self-perception_theory
Theory of equilibrium between supply and demand
In economics, general equilibrium theory attempts to explain the behavior of supply, demand, and prices in a whole economy with several or many interacting
General_equilibrium_theory
Concept in sociology
particular field not by way of explicit contract, but by their practical acknowledgement of the stakes, implicit in the very "playing of the game." This
Field_theory_(sociology)
Type theory in logic and mathematics
and computer science, homotopy type theory (HoTT) includes various lines of development of intuitionistic type theory, based on the interpretation of types
Homotopy_type_theory
Belief that one's employer has broken promises
Both POS and PPCV are types of social exchanges and therefore involve implicit obligations, rather than economic exchanges, which involve explicit obligations
Perceived psychological contract violation
Perceived_psychological_contract_violation
life course. The informal generational contract is private and operates at the micro level. It is generally implicit, existing in common practices among
Generational_contract
Austrian psychiatrist and founder of psychoanalysis (1856–1939)
through dialogue between patient and psychoanalyst, and the distinctive theory of mind and human agency derived from it. In creating psychoanalysis, Freud
Sigmund_Freud
Philosophical study of morality
based on an explicit or implicit social contract between humans. They state that actual or hypothetical consent to this contract is the source of moral
Ethics
Concept introduced by Frenchman Guy Brousseau in the 1980s
learner behaviors expected by the teacher". This didactic contract describes the implicit or explicit rules that frame the sharing of responsibilities
Didactic_Contract
Branch of game theory about two-player sequential games with perfect information
alternate turns, but this alternation is handled implicitly by the definitions of combinatorial game theory rather than being encoded within the game states
Combinatorial_game_theory
Feminist theory is the extension of feminism into theoretical, fictional, or philosophical discourse. It aims to understand the nature of gender inequality
Feminist_theory
Economic concept
In economics, an implicit cost, also called an imputed cost, implied cost, or notional cost, is the opportunity cost equal to what a firm must give up
Implicit_cost
Application of Lagrangian mechanics to field theories
Lagrangian field theory is a formalism in classical field theory. It is the field-theoretic analogue of Lagrangian mechanics. Lagrangian mechanics is
Lagrangian_(field_theory)
discrete and Euclidean geometries, graph theory, group theory, mathematical logic, number theory, set theory, Ramsey theory, dynamical systems, and partial differential
List of unsolved problems in mathematics
List_of_unsolved_problems_in_mathematics
Military strategy during the Cold War with regard to the use of nuclear weapons
is the application of deterrence theory to avoid conflict. Deterrence is widely defined as any use of threats (implicit or explicit) or limited force intended
Deterrence_theory
Concept in microeconomics
either explicitly or implicitly. Instead, these optimizations are simply a way for the economist to identify points on the contract curve. Welfare economics
Contract_curve
Philosophical and political rights
social contract theorists reasoned, however, that in the natural state only the strongest could benefit from their rights. Thus, people form an implicit social
Natural rights and legal rights
Natural_rights_and_legal_rights
Coming to work at an office for a short period and leaving to work elsewhere
proposed that the employment relationship is governed by an implicit psychological contract, under which employees “exchange higher productivity and lower
Coffee_badging
Skills, ideas and experiences
Tacit knowledge or implicit knowledge is knowledge that is difficult to extract or articulate—as opposed to conceptualized, formalized, codified, or explicit
Tacit_knowledge
Criticisms of the labor theory of value affect the historical concept of labor theory of value (LTV) which spans classical economics, liberal economics
Criticisms of the labour theory of value
Criticisms_of_the_labour_theory_of_value
Group of macroeconomic theories
purely monetary theory of interest. Keynes's younger colleagues of the Cambridge Circus and Ralph Hawtrey believed that his arguments implicitly assumed full
Keynesian_economics
Law of contracts in England and Wales
the thing done was implicitly relying on the expectation of a reward. More significant problems arise where parties to a contract wish to vary its terms
English_contract_law
Cooperation between firms to limit competition
States, Canada, Australia and most of the EU due to antitrust laws, but implicit collusion in the form of price leadership and tacit understandings still
Collusion
Mathematical framework for investment risk
Modern portfolio theory (MPT), or mean-variance analysis, is a mathematical framework for assembling a portfolio of assets such that the expected return
Modern_portfolio_theory
Studies 431. (H. Collins, D. Campbell and J. Wightman (Eds) The Implicit Dimensions of Contract (Hart: Oxford, 2003). I.R. Macneil, American Arbitration Law
Ian_Roderick_Macneil
Solution concept of a non-cooperative game
In game theory, a Nash equilibrium is a situation where no player could gain more by changing their own strategy (holding all other players' strategies
Nash_equilibrium
Theory of interwoven space and time by Albert Einstein
two-postulates formulation of the special theory. The interweaving of space and time revokes the implicitly assumed concepts of absolute simultaneity
Special_relativity
Algebraic structure used in topology
In mathematics, specifically in homology theory and algebraic topology, cohomology is a way of attaching algebraic invariants to a topological space or
Cohomology
Standard example in game theory
In game theory, the prisoner's dilemma is a thought experiment involving two rational agents, each of whom can either cooperate for mutual benefit or betray
Prisoner's_dilemma
Extent to which a programming language discourages type errors
rather than the language, guarantees that the object respects the contract implicit in the class definition. Wikibooks has a book on the topic of: Standard
Type_safety
1929 New Hampshire Supreme Court Case
for the pain and suffering because pain and suffering were an implicit part of the contract for surgery. The case does not stand for the principle that
Hawkins_v._McGee
Political ideology and economic theory
contract is based in inalienable rights and because of this any contract that implicitly violates those rights can be voided at will, preventing a person
Anarcho-capitalism
Application of mathematical and statistical methods in finance
continuous time, Brownian-motion models, and the quadratic utility function implicit in mean–variance optimization was replaced by more general increasing,
Mathematical_finance
Relationship where a worker sells labour to an employer
many other forms, and explicit as opposed to implicit (i.e. conditioned by local labour and tax law) contracts are not uncommon. Economic history shows a
Wage_labour
Income or output generated from economic inputs or investments
capital; in broader usage it includes the implicit return earned on any owned productive asset. In neoclassical theory, the rate of interest tends toward the
Economic_return
view that contract law arose in the actions of assumpsit, and concepts of motive and reliance. Bargain theory is an important part of how contract law is
Australian_contract_law
Geometric algebra approach to gravity
multiplied and contracted with a separate Minkowski metric tensor. GTG, roughly, reverses the roles of these indices. The metric is implicitly assumed to
Gauge_theory_gravity
British political scientist and economist (born 1960)
Policy. Retrieved 14 October 2024. "The dynamic enforcement of implicit labor contracts under asymmetric information – ProQuest". www.proquest.com. ProQuest 304093687
James_A._Robinson
1992 book by David P. Ellerman
contract, like the voluntary slavery contract, inherently invalid. He traces this claim through an intellectual history of inalienable rights theory.
Property and Contract in Economics
Property_and_Contract_in_Economics
Theory and methodology of text interpretation
Hermeneutics (/ˌhɜːrməˈnjuːtɪks/) is the theory and methodology of interpretation, especially the interpretation of biblical texts, wisdom literature,
Hermeneutics
Theory that attempts to blend economics and ergodic theory
interpreted as an implicit assumption of ergodicity. Ergodicity economics explores what aspects of economics can be informed by avoiding this implicit assumption
Ergodicity_economics
American philosopher of law (1902–1978)
best known as a proponent of a secular and procedural form of natural law theory. Fuller was a professor of law at Harvard Law School for many years, and
Lon_L._Fuller
Method of reasoning via argumentation and contradiction
proceed by making implicit contradictions explicit: each stage of the process is the product of contradictions inherent or implicit in the preceding stage
Dialectic
Criminological theory
theory derives from a Hobbesian view of human nature as represented in Leviathan, i.e. that all choices are constrained by implicit social contracts,
Social_control_theory
1982 book by Michael Sandel
conceptions of the good life. He argues that all political theories, including Rawls', inevitably make implicit assumptions about human flourishing. While Rawls
Liberalism and the Limits of Justice
Liberalism_and_the_Limits_of_Justice
Economic theory that asset prices fully reflect all available information
percent on the day of the [Palm] IPO, closing at 81.181. Based on the implicit embedded holding of Palm shares, 3Com shares should have closed at a price
Efficient-market_hypothesis
Maoist political concept of democracy
one of the CCP's Four Cardinal Principles set forth by Deng Xiaoping. Implicit in the concept of the people's democratic dictatorship is the notion that
People's democratic dictatorship
People's_democratic_dictatorship
Utterance that serves a performative function
action. When forming a legal contract, speech acts can be made when people are making or accepting an offer. Considering the theory of freedom of speech, some
Speech_act
Mutually beneficial collusion among competing corporations
ISBN 9781138021648. Han, Seungjin (2014-03-01). "Implicit collusion in non-exclusive contracting under adverse selection". Journal of Economic Behavior
Cartel
Government system where political power lies with the people
African-American disfranchisement after the Reconstruction era. The theory of democracy relies on the implicit assumption that voters are well informed about social
Democracy
How one process influences another
leap of intuition may be needed to grasp it. Accordingly, causality is implicit in the structure of ordinary language, as well as explicit in the language
Causality
Mathematical model of the time dependence of a point in space
In mathematics, physics, engineering and systems theory, a dynamical system is the description of how a system evolves in time. For example, an astronomer
Dynamical_system
Pseudoscientific argument for the existence of God
existence of God, presented by its proponents as "an evidence-based scientific theory about life's origins". ID presents two main arguments against evolutionary
Intelligent_design
Study of the foundations of politics
on some form of consent among the citizens, for example, as an implicit social contract or as what people would reasonably agree to under ideal circumstances
Political_philosophy
Memory of autobiographical events
memory, one of the two major divisions of long-term memory (the other being implicit memory). The term "episodic memory" was coined by Endel Tulving in 1972
Episodic_memory
Loss of short-term memory
verbal labeling. Other techniques are used in rehabilitation, such as implicit tasks, speech and mnemotechnic methods. So far, it has been proven that
Anterograde_amnesia
Freedom limited by the need for social order
marriage, aligns with extending substantive due process to "important conduct implicit in the concept of ordered liberty." This approach argues for a more expansive
Ordered_liberty
Concept in common law as applied in the US
benefit-detriment theory (in which courts are implicitly analyzing if the parties are receiving a sufficient benefit) but does square with the bargain theory (in which
Consideration under American law
Consideration_under_American_law
Increasing links to international markets
that are because the implicit neoclassical assumptions of perfect knowledge and perfect enforcement are not realized. New Trade Theory (NTT) is the economic
Internationalization
Mathematical function often applied to matrices
required for contractivity in the Euclidean norm; the results again rely on the polarization identity. Of the two methods above, only the implicit midpoint
Logarithmic_norm
Concept in economics
express a dynamic approach to the theory, a dynamism that has been advocated by Ul Haq and Sen, in spite of the implicit criticism of those two figures.
Human_development_(economics)
Type of discrimination or disapproval
Caroline; Hennessy, Eilis; McKeague, Lynn (October 2012). "Explicit and implicit stigma towards peers with mental health problems in childhood and adolescence"
Social_stigma
Hypothetical interest rate on a risk-free investment
appears to be premised on the basis that these institutions benefit from an implicit guarantee, underpinned by the role of the monetary authorities as 'the
Risk-free_rate
Any individual whose preferences satisfy four axioms has a utility function
hdl:1765/23011. Kreps, David M. Notes on the Theory of Choice. Westview Press (May 12, 1988), chapters 2 and 5. Implicit in denoting indifference by equality
Von Neumann–Morgenstern utility theorem
Von_Neumann–Morgenstern_utility_theorem
Mathematical model combining space and time
began to be noted between observation versus predictions based on the implicit assumption of Euclidean space. In special relativity, an observer will
Spacetime
Overview of and topical guide to relationships
differences Relational transgression – violation of implicit or explicit relational rules. Socionics – theory of intertype relations incorporating Carl Jung's
Outline_of_relationships
Counterintuitive result in probability
Borel and Arthur Eddington used the theorem to illustrate the timescales implicit in the foundations of statistical mechanics. There is straightforward proof
Infinite_monkey_theorem
Algebraic object with geometric applications
convention dispenses with writing summation signs, leaving the summation implicit. Any repeated index symbol is summed over: if the index i is used twice
Tensor
Economic model explaining consumption pattern formation
The offhand affirmative answer reflects in large measure, I believe, an implicit definition of consumption in terms of purchases, including durable goods
Permanent_income_hypothesis
Trauma perpetrated by someone with whom the victim is close and reliant upon for support
emphasizes the importance of betrayal as a core antecedent of dissociation, implicitly aimed at preserving the relationship with the caregiver. BTT suggests
Betrayal_trauma
Mechanism that explains the generation of mass for gauge bosons
application within particle physics. A theory able to finally explain mass generation without "breaking" gauge theory was published almost simultaneously
Higgs_mechanism
Concepts in Marxist theory
implicitly operate with the logic of the mode of production. For instance, Raymond Williams's focus on culture as a "social practice" and his theory of
Base_and_superstructure
Factors influencing economic decisions
engineering. There exists an anticipation and, simultaneously, implicit criticism of the nudge theory in works of Hungarian social psychologists who emphasize
Behavioral_economics
French mathematician (1789–1857)
of non-standard analysis. The consensus is that Cauchy omitted or left implicit the important ideas to make clear the precise meaning of the infinitely
Augustin-Louis_Cauchy
American politician (born 1974)
referenced by the theory; that the system does not use lasers, and so could not have "laser beams"; that Solaren's power contract with PG&E ended in
Marjorie_Taylor_Greene
Market structure in which firms are price takers for a homogeneous product
In economics, specifically general equilibrium theory, a perfect market, also known as an atomistic market, is defined by several idealizing conditions
Perfect_competition
Theory in clinical and counseling psychology
Common factors theory, a theory guiding some research in clinical psychology and counseling psychology, proposes that different approaches and evidence-based
Common_factors_theory
Proof all ranked voting rules have spoilers
Arrow's impossibility theorem is a key result in social choice theory, proved by American economist Kenneth Arrow. It shows that no procedure for group
Arrow's_impossibility_theorem
Hungarian and American mathematician and physicist (1903–1957)
axiomatization of set theory was resolved implicitly about twenty years later by Ernst Zermelo and Abraham Fraenkel. Zermelo–Fraenkel set theory provided a series
John_von_Neumann
Cosmological dualism in Chinese philosophy
meaning 'cloudy', 'shady', 'negative (electric.)', 'feminine', 'moon', 'implicit', 'hidden', 'genitalia'. 陽; 'sunny', 'positive (electric.)', 'male' is
Yin_and_yang
Ability to deal with fear
research of implicit theories was to find "people's form and content on the idea of courage". Many researchers created studies on implicit theories by creating
Courage
Legal claim of civil wrong
A tort is a civil wrong, other than breach of contract, that causes a claimant to suffer loss or harm, resulting in legal liability for the person who
Tort
Social entity established to meet needs or pursue goals
which they may express in the form of a manifesto, mission statement, or implicitly through the organization's actions. The study of organizations includes
Organization
properties and concepts in category theory in mathematics, including those in topos theory. (See also Outline of category theory.) Notes on foundations: In many
Glossary_of_category_theory
approximate indicator for the real thing. An implicit technical and historical criticism of Marx's value-form theory is made by some Post Keynesian and heterodox
Criticism of value-form theory
Criticism_of_value-form_theory
Economic arrangement
competition. Neoclassical economic theory analyzes common ownership using contract theory. According to the incomplete contracting approach pioneered by Oliver
Common_ownership
IMPLICIT CONTRACT-THEORY
IMPLICIT CONTRACT-THEORY
Girl/Female
Tamil
Hitansi | ஹிதாஂஸீ
Simplicity and purity
Hitansi | ஹிதாஂஸீ
Boy/Male
Australian, British, English, French, Russian
Eye Contact; Clean Sight
Girl/Female
Arabic
Sensible Contact
Boy/Male
Indian, Punjabi, Sikh
Victory of Simplicity
Boy/Male
Muslim
Having narrow, Contracted, Squinting eyes (1)
Boy/Male
Indian, Punjabi, Sikh
Love for Simplicity
Girl/Female
Hindu, Indian, Tamil
One with Simplicity; Special Person of All Beings
Girl/Female
Indian
Simplicity and purity
Girl/Female
Indian
Simplicity and purity
Girl/Female
Tamil
Hitanshi | ஹிதாஂஷீÂ
Simplicity and purity
Hitanshi | ஹிதாஂஷீÂ
Boy/Male
Hindu, Indian
More Polite; Simplicity
Boy/Male
Arabic, Muslim
Agreement; Covenant; Contract; Pact
Boy/Male
Indian, Sanskrit
Consuming that which Comes in Contact
Boy/Male
Indian
Having narrow, Contracted, Squinting eyes
Girl/Female
Bengali, Hindu, Indian, Kannada, Marathi, Sanskrit, Tamil, Telugu
Goddess Laxmi; Prosperity; Simplicity; Lovable; Affectionate; Wealthy; Fortunate
Boy/Male
Biblical
Contrary, adversary, enemy, accuser'.
Girl/Female
Greek Latin Spanish
Pastoral simplicity and happiness.
Biblical
contrary; adversary; enemy; accuser
Boy/Male
Arabic, Muslim
Having Narrow or Contracted Eye
Girl/Female
Assamese, Gujarati, Hindu, Indian, Kannada, Malayalam, Marathi, Sanskrit, Tamil, Telugu
Virtuous Woman; Simplicity
IMPLICIT CONTRACT-THEORY
IMPLICIT CONTRACT-THEORY
Boy/Male
Biblical
Passing over, halting.
Male
Native American
Native American Sioux name MAHPEE means "sky."
Boy/Male
American, Australian, British, Chinese, Christian, Danish, English, Finnish, French, German, Greek, Indian, Latin, Polish, Swedish
Venerable; Holy; Form of Augustus; Revered; Exalted; Worthy of Respect; Dignified; Month of the Sun; Summer; One of the Months in the Twelve Months
Girl/Female
Tamil
Pragyaa | பà¯à®°à®•à¯à®¯à®¾
Intellect
Boy/Male
Arthurian Legend
A knight.
Biblical
joy in tribulation; joy of the vintage
Boy/Male
Tamil
Manohari | மநோஹாரீ
Beauty
Girl/Female
Swedish American Greek English Gaelic Scandinavian
Pure.
Boy/Male
Hindu
Samndar
Boy/Male
Hindu
Goddess Parvati
IMPLICIT CONTRACT-THEORY
IMPLICIT CONTRACT-THEORY
IMPLICIT CONTRACT-THEORY
IMPLICIT CONTRACT-THEORY
IMPLICIT CONTRACT-THEORY
n.
To bring on; to incur; to acquire; as, to contract a habit; to contract a debt; to contract a disease.
n.
Freedom from artificial ornament, pretentious style, or luxury; plainness; as, simplicity of dress, of style, or of language; simplicity of diet; simplicity of life.
v. i.
To be drawn together so as to be diminished in size or extent; to shrink; to be reduced in compass or in duration; as, iron contracts in cooling; a rope contracts when wet.
a.
Contracted after a former contract.
a.
Given to opposition; perverse; forward; wayward; as, a contrary disposition; a contrary child.
n.
Freedom from subtlety or abstruseness; clearness; as, the simplicity of a doctrine; the simplicity of an explanation or a demonstration.
v. i.
To make an agreement; to covenant; to agree; to bargain; as, to contract for carrying the mail.
a.
Not permitted or allowed; prohibited; unlawful; as, illicit trade; illicit intercourse; illicit pleasure.
n.
To draw together or nearer; to reduce to a less compass; to shorten, narrow, or lessen; as, to contract one's sphere of action.
adv.
By implication; impliedly; as, to deny the providence of God is implicitly to deny his existence.
a.
Narrow; illiberal; selfish; as, a contracted mind; contracted views.
a.
Contracted; as, a contract verb.
adv.
In an implicit manner; without reserve; with unreserved confidence.
a.
Tacitly comprised; fairly to be understood, though not expressed in words; implied; as, an implicit contract or agreement.
a.
Contracted; affianced; betrothed.
imp. & p. p.
of Contract
a.
Of or pertaining to a contralto, or to the part in music called contralto; as, a contralto voice.
a.
Resting on another; trusting in the word or authority of another, without doubt or reserve; unquestioning; complete; as, implicit confidence; implicit obedience.
a.
Drawn together; shrunken; wrinkled; narrow; as, a contracted brow; a contracted noun.
v. t.
To act in opposition to; to hinder, defeat, or frustrate, by contrary agency or influence; as, to counteract the effect of medicines; to counteract good advice.