Two articles contributing to the experimental research about incomplete contracts are analyzed in this paper. Especially interesting is their use of the terms 'firms' and 'workers', although the experiments were performed on students only given information that they were participating in general market experiments. A framework based on Mäki (2004) is used both to emphasize what we aim to explain, and by which we explain. Also the concepts of internal and external validity are important. By showing that the articles refer to an external validity which they are not capable of achieving at this moment, their use of 'firms' and 'workers' is found to be questionable. But the two articles are still good examples of experimental research about incomplete contracts.
Download Info
To download:
If you experience problems downloading a file, check if you have the
proper application to
view it first. Information about this may be contained
in the File-Format links below. In case of further problems read
the IDEAS help
page. Note that these files are not on the IDEAS
site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.