"We devise an experiment to explore the effect of different degrees of competition on optimal contracts in a hidden … principals. We first show theoretically how these different degrees of competition affect outcomes and efficiency. Informational … relative number of agents because competition reduces the agents' informational monopoly power. However, this environment also …

experiment and introduce another treatment with exogenously determined contract types. Like FHZ we find reference point effects …

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

the information structure, the mode of competition, and the degree of product differentiation. Moreover, in our experiment … experiment. We find that subjects often use selective disclosure strategies, and this finding appears to be robust to changes in …

We present a field experiment to assess the effect of own and peer wage variations on actual work effort of employees … additional real-effort laboratory experiment we show that explicit cost and surplus information that enables to exactly calculate …

We present a field experiment to assess the effect of own and peer wage variations on actual work effort of employees … additional real-effort laboratory experiment we show that explicit cost and surplus information that enables to exactly calculate …