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communication sometimes breeds collusion and is detrimental to team efficiency. Here, we present experimental evidence showing that …
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Part. 1. Setting Incentives for Managers: Incentive Compatibility, Similarity Rule, and Goal Congruence -- 2. Reflections on the Practical Applicability of Strategic Game Theory to Managerial Incentivation -- 3. Optimal Design of Incentive Contracts: Behavioural and Multi-Period Performance...
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behavior, that takes the form of collusion or blackmail, on the part of members of a simple hierarchical structure. We focus on …-blowing, creates incentives for the uninformed colluding party to walk out of the side deal and report to the principal that collusion …
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actions (positive reciprocity). We find that collusion is easier to sustain when firms have a concern for reciprocity towards …
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