Eisenkopf, Gerald; Fischbacher, Urs - Fachbereich Wirtschaftswissenschaften, Universität Konstanz - 2011
Machiavelli advises against delegating the distribution of favors. We test this claim in an experiment, in which an … investor can directly transfer money to a trustee or delegate this decision to another investor. Varying the value of the … initial decision maker if the value of the delegate’s transfer is much higher than the value of the investor’s transfer. …