's effort is higher in the Nash or the Kalai-Smorodinsky solution depends on the agents. bargaining power. If agents have equal … bargaining power, the contract in the Kalai-Smorodinsky solution yields a more efficient outcome and induces more effort. The … necessary to achieve the first-best solution, this increase must be higher in the Nash solution than in the Kalai-Smorodinsky …

’s effort is higher in the Nash or the Kalai-Smorodinsky solution depends on the agents. bargaining power. If agents have equal … bargaining power, the contract in the Kalai-Smorodinsky solution yields a more efficient outcome and induces more effort. The … necessary to achieve the first-best solution, this increase must be higher in the Nash solution than in the Kalai-Smorodinsky …

's effort is higher in the Nash or the Kalai-Smorodinsky solution depends on the agents. bargaining power. If agents have equal … bargaining power, the contract in the Kalai-Smorodinsky solution yields a more efficient outcome and induces more effort. The … necessary to achieve the first-best solution, this increase must be higher in the Nash solution than in the Kalai-Smorodinsky …

the new minimum wage level. While the Nash solution cannot explain the existence of spillover effects, the Kalai-Smorodinsky … solution yields results that are qualitatively more in line with our experimental findings. …

the new minimum wage level. While the Nash solution cannot explain the existence of spillover effects, the Kalai-Smorodinsky … solution yields results that are qualitatively more in line with our experimental findings. …