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-incentive treatment with reputation. Findings The study finds that the reputation and fairness concerns, in contrast to self-interest, may … have a decisive impact on the actual and optimal choices in the reciprocity-based contracts. The principal pays higher …
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behave reciprocally, but the degree of reciprocity is higher for lawyers. Surprisingly, it is not university education that …
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Using a laboratory experiment, we behaviourally study the impact of a sudden increase in the common-pool size on within-group conflict, i.e., the paradox of the plenty. We also consider the potential role of governance in avoiding this paradox. In the first stage, a randomly-chosen leader of the...
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