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We propose and experimentally test a mechanism for a class of principal-agent problems in which agents can observe each others' efforts. In this mechanism each player costlessly assigns a share of the pie to each of the other players, after observing their contributions, and the final...
Persistent link: https://www.econbiz.de/10011515831
We propose and experimentally test a mechanism for a class of principal-agent problems in which agents can observe each others' efforts. In this mechanism, each player costlessly assigns a share of the pie to each of the other players, after observing their contributions, and the final...
Persistent link: https://www.econbiz.de/10012968677
Persistent link: https://www.econbiz.de/10012175487
We consider the class of linear voluntary contribution games under the general assumption of heterogeneous endowments. In this context, we assess the performance of the Galbraith Mechanism (GM) relative to a fixed equal sharing allocation in both theory and experiments. Three main empirical...
Persistent link: https://www.econbiz.de/10014076619
We consider the class of linear voluntary contribution games under the general assumption of heterogeneous endowments. In this context, we assess the performance of the Galbraith Mechanism (GM) relative to a fixed equal sharing allocation in both theory and experiments. Three main empirical...
Persistent link: https://www.econbiz.de/10013389400
Persistent link: https://www.econbiz.de/10009708860
Persistent link: https://www.econbiz.de/10012225459
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