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What economic theory would suggest this? This non-compete appears to be an option, and would be priced as such.[1] I would guess that purchasing any additiona
by nickff 13y ago
What economic theory would suggest this? This non-compete appears to be an option, and would be priced as such.[1]
I would guess that purchasing any additional assurance from an employee would cost the employer(s) more, perhaps in the form of salary, severance, or a signing bonus.
[1] http://en.wikipedia.org/wiki/Valuation_of_options http://en.wikipedia.org/wiki/Valuation_of_options
- ghaff 13y agoYou're, of course, correct for the reason that you state.