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Can a bonus overcome moral hazard? : experimental evidence from markets for expert services
Angelova, Vera; Regner, Tobias - 2018
Interactions between players with private information and opposed interests are often prone to bad advice and inefficient outcomes, e.g. markets for financial or health care services. In a deception game we investigate experimentally which factors could improve advice quality. Besides advisor...
Persistent link: https://www.econbiz.de/10011881706
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Essays in empirical public economics
Zahn, Philipp - 2012
Persistent link: https://www.econbiz.de/10009745969
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Do sellers offer menus of contracts to separate buyer types? : an experimental test of adverse selection theory
Hoppe, Eva I.; Schmitz, Patrick W. - In: Games and economic behavior 89 (2015), pp. 17-33
Persistent link: https://www.econbiz.de/10011383729
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Can a bonus overcome moral hazard? : experimental evidence from markets for expert services
Angelova, Vera; Regner, Tobias - In: Journal of economic behavior & organization : JEBO 154 (2018), pp. 362-378
Persistent link: https://www.econbiz.de/10011986852
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Incentives or persuasion? : an experimental investigation
Aristidou, Andreas; Coricelli, Giorgio; Vostroknutov, … - 2019
Persistent link: https://www.econbiz.de/10011996760
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On esteem-based incentives
Mazyaki, Ali; Weele, Joël J. van der - 2018
Incentives based on esteem, honor and shame are increasingly popular and easy to use due to modern surveillance … Tirole (2011) to explore the effect of esteem-based incentives and their interaction with traditional monetary incentives. We … show that esteem-based incentives can indeed lead to a loss of control by generating multiple equilibria, some of which …
Persistent link: https://www.econbiz.de/10011844573
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Second-degree moral hazard in a real-world credence goods market
Balafoutas, Loukas; Kerschbamer, Rudolf; Sutter, Matthias - 2013 - This version: 16 October 2013
Empirical literature on moral hazard focuses exclusively on the direct impact of asymmetric information on market outcomes, thus ignoring possible repercussions. We present a field experiment in which we consider a phenomenon that we call second-degree moral hazard – the tendency of the supply...
Persistent link: https://www.econbiz.de/10010199693
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Second-Degree Moral Hazard in a Real-World Credence Goods Market
Balafoutas, Loukas; Kerschbamer, Rudolf; Sutter, Matthias - 2013 - This version: 16 October 2013
Empirical literature on moral hazard focuses exclusively on the direct impact of asymmetric information on market outcomes, thus ignoring possible repercussions. We present a field experiment in which we consider a phenomenon that we call second-degree moral hazard - the tendency of the supply...
Persistent link: https://www.econbiz.de/10010193289
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Second-degree moral hazard in a real-world credence goods market
Balafoutas, Loukas; Kerschbamer, Rudolf; Sutter, Matthias - 2013
Empirical literature on moral hazard focuses exclusively on the direct impact of asymmetric information on market outcomes, thus ignoring possible repercussions. We present a field experiment in which we consider a phenomenon that we call second-degree moral hazard - the tendency of the supply...
Persistent link: https://www.econbiz.de/10010207314
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Second-degree moral hazard in a real-world credence goods market
Balafoutas, Loukas; Kerschbamer, Rudolf; Sutter, Matthias - 2013
Persistent link: https://www.econbiz.de/10010211414