We devise an experiment to explore the effect of different degrees of bargaining power on the design and the selection … number of agents because competition reduces the agents' informational monopoly power. However, this environment also … tendency to choose more 'generous' (and more efficient) contract menus over time. We find that competition leads to a …

is made sufficiently salient. A higher predicted competitiveness of women induces more competition. Giving stronger …

We devise an experiment to explore the effect of different degrees of competition on optimal contracts in a hidden … principals. We first show theoretically how these different degrees of competition affect outcomes and efficiency. Informational … relative number of agents because competition reduces the agents' informational monopoly power. However, this environment also …

such differences are driven by different attitudes towards competition. In our experiment subjects choose between a … women. Women are mainly influenced by their degree of risk aversion, but men are not. Men compete more against men than …

We devise an experiment to explore the effect of different degrees of competition on optimal contracts in a hidden … principals. We first show theoretically how these different degrees of competition affect outcomes and efficiency. Informational … relative number of agents because competition reduces the agents' informational monopoly power. However, this environment also …

competition for principals or agents. While we do observe substantial and significant ratchet effects in the baseline (no … competition) case of our model, we find that ratchet behavior is nearly eliminated by labor-market competition ; interestingly …

such differences are driven by different attitudes towards competition. In our experiment subjects choose between a … women. Women are mainly influenced by their degree of risk aversion, but men are not. Men compete more against men than …

towards strategic uncertainty and competition. Seniors exhibit higher entry rates compared to juniors, especially when the … controlling for attitudes towards non-strategic uncertainty and for beliefs on others' competitiveness and on relative ability …

We study the attitudes of junior and senior employees towards strategic uncertainty and competition, by means of a …-strategic uncertainty and for beliefs on others' competitiveness and ability. Social image matters, as evidenced by the fact that seniors … stereotype of risk averse and less competitive older employees. …

This article reconsiders the theory of existence of efficient allocations and equilibria when consumption sets are … unbounded below under the assumption that agents have incomplete preferences. It is motivated by an example in the theory of … assets with short-selling where there is risk and ambiguity. Agents have Bewley's incomplete preferences. As an inertia …