Design a Contract: A Simple Principal-Agent Problem as a Classroom Experiment - The authors present a classroom experiment that introduces students to the concepts of organizational economics, incentive contracting, shirking, contractual incompleteness, efficiency, incentive compatibility, outside options and participation constraints, and Coase theorem.
| Year of publication: |
2009
|
|---|---|
| Authors: | Gächter, Simon ; Königstein, Manfred |
| Published in: |
The journal of economic education. - Philadelphia, Pa : Routledge, ISSN 0022-0485, ZDB-ID 4105357. - Vol. 40.2009, 2, p. 173-187
|