then split joint benefits. We investigate how social preferences determine investments. In our experiment we find that even …-sharing can be successful in the experiment, even when it is not in a selfish world …

the model's predictions in a laboratory experiment. Because collusive tax evasion involves social interaction, this paper …

requires the use of an appropriate incentive contract so as to realign his interests with those of the principal. The parties … of the optimal flexible contract both when the parties have sharp probabilistic beliefs over the possible events in which … risk aversion, the higher the agency costs for delegation and hence the less profitable is a flexible contract versus a …

the fairs. It finds that contract enforcement at the fairs did not take the form of private-order or corporative …