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Long-term work contracts versus sequential spot markets : experimental evidence on firm-specific investment

Anderhub, Vital; Königstein, Manfred; Kübler, Dorothea - 1999

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

Persistent link: https://www.econbiz.de/10009580472

Efficient contracting and fair play in a simple principal-agent experiment

Anderhub, Vital; Gächter, Simon; Königstein, Manfred - 1999

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 …

Persistent link: https://www.econbiz.de/10009581090

Learning to bid : an experimental study of bid function adjustments in auctions and fair division games

Güth, Werner; Ivanova-Stenzel, Radosveta; Königstein, … - 1999

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

Persistent link: https://www.econbiz.de/10009581102

Auctions and fair division games under different price rules : individual bid functions, prices and efficiency rates

Güth, Werner; Ivanova-Stenzel, Radosveta; Königstein, … - 1999

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

Persistent link: https://www.econbiz.de/10009582405

Trust and reciprocity in the investment game with indirect reward

Güth, Werner; Königstein, Manfred; Marchand, Nadège; … - 2000

Experimental studies have shown that trust and reciprocity are effective in increasing efficiency when complete contracting is infeasible. One example is the study by Berg et al. (1995) of the investment game. In this game the person who receives the investment is the one who may reward the...

Persistent link: https://www.econbiz.de/10009612013

Combining rational choice and evolutionary dynamics : the indirect evolutionary approach

Königstein, Manfred; Müller, Wieland - 1999

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

Persistent link: https://www.econbiz.de/10009580475

The international yearbook of environmental and resource economics 2006/2007 : a survey of current issues

Folmer, Henk (ed.); Tietenberg, Thomas H. (ed.) - 2006

1. The incidence of pollution control policies / Ian W.H. Parry ... [et al.] -- 2. Geographical Information Systems (GIS) and spatial analysis in resource and environmental economics / Ian Bateman, Wanhong Yang and Peter Boxall -- 3. Disclosure strategies for pollution control / Susmita...

Persistent link: https://www.econbiz.de/10012420038

The international yearbook of environmental and resource economics 2005/2006 : a survey of current issues

Folmer, Henk (ed.); Tietenberg, Thomas H. (ed.) - 2005

1. Issues in water pricing reforms : from getting correct prices to setting appropriate institutions -- 2. Spatial environmental policy -- 3. Environmental equity and the siting of hazardous waste facilities in OECD Countries : evidence and policies -- 4. Strategies to conserve biodiversity --...

Persistent link: https://www.econbiz.de/10012420069

The international yearbook of environmental and resource economics 2003/2004 : a survey of current issues

Folmer, Henk (contributor); … - 2003

1. The management of high seas fisheries resources and the implementation of the UN Fish Stocks Agreement of 1995 -- 2. Choosing environmental risks -- 3. Stability and design of international environmental agreements : the case of transboundary pollution -- 4. Managing environmental risk...

Persistent link: https://www.econbiz.de/10011851166

The international yearbook of environmental and resource economics 2004/2005 : a survey of current issues

Folmer, Henk (contributor); … - 2004

'The 20045 edition of this annual publication provides again a first-rate compilation of various major topics in environmental and resource economics written by the leading specialists in the field. . . The contributions are an exciting and inspiring resource for the development of further...

Persistent link: https://www.econbiz.de/10011851969