administered incentives. -- principal agent ; experiment ; specific human capital …

sequencing structure of game types, game rules do matter, and directional learning theory offers a partial explanation for bid …

bidders. In our experiment participants face four auction types (first versus second price - auction versus fair division game …

, player 2 between exploiting player 1 or rewarding him. In our experiment, player 2 can be a notorically rewarding player … repeated games with changed partners. In our computerized experiment, participants can explicitly rely on mixed strategies …

setting behavior is in general consistent with the theory. Capacities converge above the Cournot level. Sellers rarely manage …

that are well known from game theory and evolutionary game theory to solve these games. For illustration we include two …

observed in the experiment aim at fair surplus sharing. -- principal-agent theory ; contract theory ; fair sharing ; incentive …Modern 'principal-agent theory' has made a lot of progress in proposing theoretical Solutions to agency problems. This … evidence on offered contracts and effort choices in a simple agency game. In line with principal-agent theory we find that in …