Barreda-Tarrazona, Iván; Georgantzís, Nikolaos; … - Departament d'Economia, Universitat Jaume I - 2012
In the context of a quantity setting duopoly we experimentally test the ability of managerial compensation schemes to provide a commitment device leading to a more aggressive behavior in the product market. In line with our model, Relative Performance-based rewards are chosen more frequently...