Results 101 to 110 of about 1,311,897 (206)

Promises & Partnership [PDF]

open access: yes
We examine, experimentally and theoretically, how communication within a partnership may mitigate the problem (highlighted in contract theory) of hidden action. What is the form and content of the communication? Which model of decision-making can capture
Charness, Gary, Dufwenberg, Martin
core  

Contract 
Dynamics
:
 Lessons
 from
 Empirical
 Analyses [PDF]

open access: yes
The recognition that contracts have a time dimension has given rise to a very abundant literature since the end of the 1980s. In such a dynamic context, the contract may take place over several periods and develop repeated interactions.
Magali Chaudey
core  

Contracts, Fairness, and Incentives [PDF]

open access: yes
We show experimentally that fairness concerns may have a decisive impact on both the actual and the optimal choice of contracts in a moral hazard context.
Fehr, Ernst   +2 more
core  

Strategic Delegation in Experimental Markets [PDF]

open access: yes
In this experiment, we analyze strategic delegation in a Cournot duopoly. Owners can choose among two different contracts which determine their managers' salaries.
Hans-Theo Norman   +2 more
core  

Money, credit, banking, and payments system policy [PDF]

open access: yes
This article employs contract theory to analyze the evolution of the payments system. Insights gained are used subsequently to evaluate three prominent public payments system policies: monetary policy, central bank lending, and deposit insurance.Payment ...
Marvin Goodfriend
core  

Self-Promoting Investments [PDF]

open access: yes
When human capital skills differ in their ability to attract offers from alternative employers, a potential inefficiency in human capital investment arises.
Carolyn Pitchik
core  

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