compensation. The model combines multitasking and screening, embedded into a Hotelling-like framework. Competition for the most …

such as informal agreements and ex post renegotiation. We investigate the relevance of these features experimentally. Our … the presence of informal agreements and ex post renegotiation. However, our data also reveal new behavioral features that … renegotiation changes how trading parties evaluate ex post outcomes. Interestingly, the availability of these additional options …

-sharing, screening opportunities, and competition are important driving forces behind these new forms of work organization. We document … control strategy prevails, while the possibility of screening renders the trust strategy profitable. The introduction of …

implement a screening process when the information is asymmetric. We show that the optimal separating contract (an ascending …

, separation might occur in equilibrium. Except for the latter, these findings are robust to renegotiation. When the outside option …