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Strategic delegation in experimental markets
Huck, Steffen; Müller, Wieland; Norman, Hans-Theo - 2000
contracts which determine their managers' salaries. One contract simply gives managers incentives to maximize firm profits …, while the second contract gives an additional sales bonus. Although theory predicts the second contract to be chosen, it is … only rarely chosen in the experimental markets. This behavior is rational given that managers do not play according to the …
Persistent link: https://www.econbiz.de/10009781566
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Career concerns in a simple experimental labour market
Irlenbusch, Bernd (contributor); Sliwka, Dirk (contributor) - 2003 - [Elektronische Ressource]
Persistent link: https://www.econbiz.de/10001784299
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Career concerns in a simple experimental labour market
Irlenbusch, Bernd; Sliwka, Dirk - 2002
Persistent link: https://www.econbiz.de/10001724911
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Friends or foes? : optimal incentives for reciprocal agents
Livio, Luca - 2018
Persistent link: https://www.econbiz.de/10012098068
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Adding tournament to tournament : combining between-team and within-team incentives
Majerczyk, Michael; Sheremeta, Roman M.; Tian, Yu - 2019
Persistent link: https://www.econbiz.de/10012208911
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Imitation equilibrium
Selten, Reinhard; Ostmann, Axel - 2000
The paper presents the concept of an imitation equilibrium and explores it in the context of some simple oligopoly …
Persistent link: https://www.econbiz.de/10011538885
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Team incentives and leadership
Drouvelis, Michalis; Nosenzo, Daniele; Sefton, Martin - 2015
We study, experimentally, how two alternative incentive mechanisms affect team performance, and how a team chooses between alternative mechanisms. We study a group incentive mechanism, where team output is shared equally among team members, and a hierarchical mechanism team output is allocated...
Persistent link: https://www.econbiz.de/10010515808
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Strategic delegation in experimental markets
Huck, Steffen; Müller, Wieland; Normann, Hans-Theo - 2000
Persistent link: https://www.econbiz.de/10001485541
Cover Image
Strategic delegation in experimental markets
Huck, Steffen; Müller, Wieland; Normann, Hans-Theo - 2000
contracts which determine their managers' salaries. One contract simply gives managers incentives to maximize firm profits …, while the second contract gives an additional sales bonus. Although theory predicts the second contract to be chosen, it is … only rarely chosen in the experimental markets. This behavior is rational given that managers do not play according to the …
Persistent link: https://www.econbiz.de/10001489460
Cover Image
Strategic delegation in experimental markets
Huck, Steffen; Müller, Wieland; Normann, Hans-Theo - 2000
contracts which determine their managers' salaries. One contract simply gives managers incentives to maximize firm profits …, while the second contract gives an additional sales bonus. Although theory predicts the second contract to be chosen, it is … only rarely chosen in the experimental markets. This behavior is rational given that managers do not play according to the …
Persistent link: https://www.econbiz.de/10009583883