It takes the average reader 2 hours and 43 minutes to read Unreliability by Róbert Iván Gál
Assuming a reading speed of 250 words per minute. Learn more
Notorious unreliability of the actors is a typical feature of a command economy. Does it change in the process of transition to a market economy? Yes, it does, tremendously. Though the symptoms of unreliability are rather well known, they have been the subject of hardly any systematic analysis. Moreover, the usual bilateral approach of contract analysis, though dealing with opportunistic actors, does not admit the possibility that unreliability can be typical. Not that the actors would be morally constrained, but their partners would not tolerate being cheated on a regular basis. In this book an extended model of contracting is presented that accounts for the more tolerant character of the actors in a command economy and the growing intolerance in an economy under transition with regard to being the victim in contracting.
Unreliability by Róbert Iván Gál is 158 pages long, and a total of 40,764 words.
This makes it 53% the length of the average book. It also has 50% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes 3 hours and 42 minutes to read Unreliability aloud.
Unreliability is suitable for students ages 10 and up.
Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.
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