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experiment with four types of contracts (standard debt contract, outside equity, non-monotonic contract, full-subsidy contract …) that differ in the structure of investor repayment and, therefore, in the incentives for entrepreneurial effort provision …
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+ (REDD+) scheme as a contractual relationship between countries in the light of the theory of incentives. Considering …
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This paper analyzes the optimal contract for a consumer to procure a credence good from an expert when (i) the expert might misrepresent his private information about the consumer’s need, (ii) the expert might not choose the requested service since his choice of treatment is non-observable,...
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We devise an experiment to explore the effect of different degrees of bargaining power on the design and the selection …
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We devise an experiment to explore the effect of different degrees of competition on optimal contracts in a hidden …
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