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1 results

  • 4 - A Contractor under the Rain

  • from Part II - Application
  • Paolo Santori, Tilburg University
  • Book:
    The Three Economic Enlightenments
    Published online:
    04 November 2025
    Print publication:
    13 November 2025, pp 105-121

  • Summary

    This chapter will present the initial fictional case study. A contractor has been engaged to renovate the façade of a residence. The contract with her clients stipulates that work must be suspended in the event of rain. The contractor utilizes uncertain weather forecasts to postpone the work by one week. Consequently, the clients convene a meeting to challenge the decision to delay the work. The three economic enlightenments offer three distinct responses to the inquiries posed by both the contractor and the clients prior to the meeting: how ought I to approach the discussion? What is the appropriate principle that should guide my decisions and actions?