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 …

Under common law, the standard remedy for breach of contract is expectation damages. Under continental law, the …

control sessions, incentives are formulated as a classic gain contract, while in treatment sessions, incentives are framed as … an isomorphic loss contract. Our results show that loss contracts reduce the minimum efforts of groups and worsen …

. In our laboratory experiment, we establish the existence of a significant efficiency premium of uniform wages. However …

maximization problem of the firm. As a result, monitoring and pay should be complements. In our experiment, between and within …

competition affect agents' performance? In a real-effort laboratory experiment, we study a one-time increase in incentives in a …