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Reciprocity in dynamic employment relationships
Fahn, Matthias - 2019
This paper explores how a relational contract establishes a norm of reciprocity and how such a norm shapes the …
Persistent link: https://www.econbiz.de/10012002999
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Reciprocity in dynamic employment relationships
Fahn, Matthias - 2019
the presumption that a relational contract can establish a norm of reciprocity, I show that generous upfront wages that …
Persistent link: https://www.econbiz.de/10012126237
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Sticks and carrots in procurement : an experimental exploration
Bigoni, Maria; Spagnolo, Giancarlo; Valbonesi, Paola - In: The B.E. journal of economic analysis & policy 14 (2014) 3, pp. 893-936
Persistent link: https://www.econbiz.de/10010418915
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The 2016 Nobel Memorial Prize in contract theory
Schmidt, Klaus M. - 2017
Nobel for their fundamental contributions to contract theory. This article offers a short summary and discussion of their …
Persistent link: https://www.econbiz.de/10011626725
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Contract theory in the spotlight : Oliver Hart and Bengt Holmström, 2016 Nobel Prize winners
Fleckinger, Pierre; Martimort, David - In: Revue d'économie politique 128 (2018) 4, pp. 493-533
Persistent link: https://www.econbiz.de/10011943020
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A tragic solution to the collective action problem : implication for corruption, conflict and inequality
Nieva, Ricardo - 2020
We study the role of an enforcer in the effectiveness of selective incentives in solving the collective action problem when groups take part in a contest. Cost functions exhibit constant elasticity of marginal effort costs. If prize valuations are homogeneous, our source of heterogeneity induces...
Persistent link: https://www.econbiz.de/10012203665
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Incentives and Contract Frames : Comment
Landeo, Claudia - 2011
decisions as well. Hence, contract frames might influence the effectiveness of incentive schemes. This comment first outlines … seminal experimental studies on frames and describes recent work that relates the incentive contract literature with the …) work on individual incentives and contract frames …
Persistent link: https://www.econbiz.de/10013120695
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Incentives and contract frames comment
Landeo, Claudia; Spier, Kathryn E. - 2012
Persistent link: https://www.econbiz.de/10009619035
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Control and contract design in research collaborations : a complete contract perspective
Panico, Claudio - In: International journal of industrial organization 30 (2012) 5, pp. 459-470
Persistent link: https://www.econbiz.de/10009658141
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Fairness, incentives and contractual incompleteness
Fehr, Ernst; Klein, Alexander; Schmidt, Klaus M. - 2001
We show that concerns for fairness may have dramatic consequences for the optimal provision of incentives in a moral hazard context. Incentive contracts that are optimal when there are only selfish actors become inferior when some agents are concerned about fairness. Conversely, contracts that...
Persistent link: https://www.econbiz.de/10011398105