... ways, and many of their differences have important implications for the type of productive efforts for which they are best suited. For example, both of the authors would have liked to have been ... been paid. As the boss, the owner is responsible for monitoring the workers to see if each one of them is properly performing his or her job, and for applying the appropriate penalties (or encouragement) ... absence of direct, close-at-hand residual claimants.30 If, for example, a public agency managed to perform the same service for a hundred thousand dollars a year less than in previous years,...