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The Contract of Employment - Coggle Diagram

- - - - H. Simon, ‘A Formal Theory of the Employment Relationship’ (1951) 19 Econometrica 293, 293–4
      - The authority and power of the employer translates into the submission and subordination of the employee. Hence the managerial prerogative is relied upon by the employer to co-ordinate labour.
- - - - The contract of employment is ‘incomplete by design’,11 in the sense that the employer deliberately casts the express terms of the contract at a high level of generality. This ensures a large degree of flexibility and discretion in the employer’s enforcement and power of decision-making
        
        W. Brown and D. Rea, ‘The Changing Nature of the Employment Contract’ (1995) 42 Scottish Journal of Political Economy 363, 363–4