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The Fama-French three-factor model seems to support the notion that higher returns can best be earned over time on:
Labour Disputes
Conflicts between employers and employees, typically over matters such as wages, working conditions, and union representation.
Mediator
A third party in an employment dispute who meets with one party and then the other to suggest compromise solutions or to recommend concessions from each side that will lead to an agreement.
Collective Agreements
Legal contracts between employers and a group of employees, often represented by a union, that outline the terms of employment.
Economic Reasons
Justifications or motivations based on financial or economic factors that influence decisions or policies.
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