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In laboratory experiments, we compare the performance of short-term and long-term contracts in a two-period supplier–buyer dyad with asymmetric cost information. We find that buyers tend to reject offers if the payoff inequality increases from one period to the next. We coin this dynamic form...
Persistent link: https://www.econbiz.de/10012619469
Internet services are often free of charge but ask for customers' personal data in exchange for usage. We experimentally study whether the provision of information-based public goods is susceptible to restraint when contributions not only make contributors better off but also enable a...
Persistent link: https://www.econbiz.de/10014501883