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In this paper, we describe a series of laboratory experiments that implement specific examples of a more general network structure and we examine equilibrium selection. Specifically, actions are either strategic substitutes or strategic complements, and participants have either complete or...
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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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We devise an experiment to explore the effect of different degrees of competition on optimal contracts in a hidden …
Persistent link: https://www.econbiz.de/10012779356
We devise an experiment to explore the effect of different degrees of competition on optimal contracts in a hidden …
Persistent link: https://www.econbiz.de/10014055844
Persistent link: https://www.econbiz.de/10002117635
be derived from reaching a better relative position. We use a real-effort experiment in which we permit individuals to … ; experiment …
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