Do You Think DOWs Are a Good Idea?

Coase: I see DOWs as a logical extension of this trend of more of a transactional relationship in some ways between employer and employee. He says the ability to play with incentives can be very powerful. Coase: It just like lowers the transaction costs of something that is cheaper to do inside the firm than outside. And yeah, it's sort of what I hope is that it would really like sort of more formally write down kind of what even other levers in a DOW are.

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