Gürtler, Marc; Gürtler, Oliver - 2012
's type, a selfish principal has to rely on explicit incentives. A fair principal, by contrast, can effectively induce … implicit incentives and hence does not need to use explicit incentives. Interestingly, if a selfish principal can rely on more … effective explicit incentives, a fair principal becomes more likely to be able to separate from the selfish type and, hence, to …