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Friends or foes? : optimal incentives for reciprocal agents
Livio, Luca - 2018
Persistent link: https://www.econbiz.de/10012098068
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Friends or foes? : optimal incentives for reciprocal agents
Livio, Luca; De Chiara, Alessandro - In: Journal of economic behavior & organization : JEBO 167 (2019), pp. 245-278
Persistent link: https://www.econbiz.de/10012149701
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Contract choice : efficiency and fairness in revenue‐sharing contracts
Karakostas, Alexandros; Sonntag, Axel; Zizzo, Daniel John - In: The Scandinavian journal of economics 119 (2017) 4, pp. 962-986
Persistent link: https://www.econbiz.de/10011805615
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Optimal contracting with altruism and reciprocity
Bassi, Matteo; Pagnozzi, Marco; Piccolo, Salvatore - In: Research in economics : an international review of economics 68 (2014) 1, pp. 27-38
Persistent link: https://www.econbiz.de/10010465753
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Fairness, incentives and contractual incompleteness
Fehr, Ernst; Klein, Alexander; Schmidt, Klaus M. - 2001
We show that concerns for fairness may have dramatic consequences for the optimal provision of incentives in a moral hazard context. Incentive contracts that are optimal when there are only selfish actors become inferior when some agents are concerned about fairness. Conversely, contracts that...
Persistent link: https://www.econbiz.de/10011398105
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Gain versus loss contracts : does contract framing affect agents' reciprocity?
Bieberstein, Frauke von; Essl, Andrea; Friedrich, Kathrin - In: Economics letters 187 (2020), pp. 1-4
Persistent link: https://www.econbiz.de/10012504311
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Monitoring and pay : an experiment on contract design with endogenous monitoring ; conference paper
Dittrich, Dennis; Kocher, Martin - 2014 - Preprint submitted to Draft
We implement a laboratory experiment in which a principal has to decide on monitoring intensity and pay to investigate … be complements. The between-treatment variation in our experiment is qualitatively in line with the normative prediction … pay for the principal to only rely on the reciprocity of his agents. …
Persistent link: https://www.econbiz.de/10010489889
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More than the money : payoff-irrelevant terms in relational contracts
Goerg, Sebastian J.; Ziółkowska, Monika - 2018
We investigate how payoff-irrelevant terms can negatively impact relational contracts. In a lab experiment we compare … two economically equivalent contracts - a fixed-term renewable and an open-ended at-will contract. Each contract provides … partners with full flexibility regarding the length and termination of their interaction. When only one contract type is …
Persistent link: https://www.econbiz.de/10011893426
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A comparison of milestone-based and buyout options contracts for coordinating R&D partnerships
Bhattacharya, Shantanu; Gaba, Vibha; Hasija, Sameer - In: Management science : journal of the Institute for … 61 (2015) 5, pp. 963-978
Persistent link: https://www.econbiz.de/10011284889
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Fairness and contract design
Fehr, Ernst; Klein, Alexander; Schmidt, Klaus M. - 2005 - This version: November 5, 2005
, which offer important new insights into the interaction of contract choices, fairness and incentives. …
Persistent link: https://www.econbiz.de/10010371080