Cabrales, Antonio; Miniaci, Raffaele; Piovesan, Marco; … - Departamento de Economía, Universidad Carlos III de Madrid - 2007
This paper reports experimental evidence on a stylized labor market. The experiment is designed as a sequence of three treatments. In the last treatment, TR3, four principals, who face four teams of two agents, compete by offering the agents a contract from a fixed menu. In this menu, each...