Healy, Paul; Ledyard, John; Noussair, Charles; … - In: Experimental Economics 10 (2007) 2, pp. 143-167
In this paper we propose and test a contracting mechanism, Multi-Contract Cost Sharing (MCCS), for use in the management of a sequence of projects. The mechanism is intended for situations where (1) the contractor knows more about the true costs of various projects than does the contracting...