We use a laboratory experiment to investigate the extent to which leaders---faced with opportunistic incentives---employ monitoring to improve team production. Participants are assigned to teams, with one person appointed as the leader. The leader has the power to commit to a monitoring option,...

We use a laboratory experiment to investigate the extent to which leaders---faced with opportunistic incentives---employ monitoring to improve team production. Participants are assigned to teams, with one person appointed as the leader. The leader has the power to commit to a monitoring option,...

Experimental Law and Economicsfocuses on experimental and empirical investigations into both the economic effects of the law and how economic theories can explain the behavior of individuals within a legal system

In this chapter, the authors conduct a robustness study for the classic experimental results of Lynch, Miller, Plott, and Porter ( 1986 , 1991 ). The authors find strong support for the original hypotheses in an updated experimental marketplace, consisting of dichotomous product qualities,...