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opportunistically. We find that most principals in our experiment do not restrict the agent?s choice set but trust that the agent will … principals who control. The reason is that most agents lower their performance as a response to the signal of distrust created by …
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We claim that understanding human decisions requires that both automatic and deliberate processes be considered. First, we sketch the qualitative differences between two hypothetical processing systems, an automatic and a deliberate system. Second, we show the potential that connectionism offers...
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buying process, regarding different types of control, will affect the mechanisms' levels in the transaction relationship. The …
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By means of some simple examples from economics, we elucidatecertain solution tools for the solution of optimal control …
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