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administered incentives. -- principal agent ; experiment ; specific human capital …
Persistent link: https://www.econbiz.de/10009580472
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
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
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