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The Interaction of Implicit and Explicit Contracts in Repeated Agency

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Abstract

This article deals with experimental games as they pertain to game theory. As such there is a natural distinction between experimentation with abstract games devoted to testing a specific hypothesis in game theory and games with a scenario from a discipline such as economics or political science where the game is presented in the context of some particular activity.

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File URL: http://cowles.econ.yale.edu/P/cd/d08b/d0891.pdf
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Bibliographic Info

Paper provided by Cowles Foundation for Research in Economics, Yale University in its series Cowles Foundation Discussion Papers with number 891.

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Length: 37 pages
Date of creation: Nov 1988
Date of revision:
Publication status: Published in Handbook of Game Theory, Vol. 3, 2001
Handle: RePEc:cwl:cwldpp:891

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Postal: Yale University, Box 208281, New Haven, CT 06520-8281 USA
Phone: (203) 432-3702
Fax: (203) 432-6167
Web page: http://cowles.econ.yale.edu/
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Postal: Cowles Foundation, Yale University, Box 208281, New Haven, CT 06520-8281 USA

Related research

Keywords: Experimental economics; game theory; experimental methods;

References

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  1. Friedman, J W, 1969. "On Experimental Research in Oligopoly," Review of Economic Studies, Wiley Blackwell, vol. 36(108), pages 399-415, October.
  2. Roth, Alvin E & Schoumaker, Francoise, 1983. "Expectations and Reputations in Bargaining: An Experimental Study," American Economic Review, American Economic Association, vol. 73(3), pages 362-72, June.
  3. Roth, Alvin E & Murnighan, J Keith, 1982. "The Role of Information in Bargaining: An Experimental Study," Econometrica, Econometric Society, vol. 50(5), pages 1123-42, September.
  4. Martin Shubik, 1979. "Cooperative Game Solutions: Australian, Indian and U.S. Opinions," Cowles Foundation Discussion Papers 517, Cowles Foundation for Research in Economics, Yale University.
  5. Murnighan, J Keith & Roth, Alvin E & Schoumaker, Francoise, 1988. " Risk Aversion in Bargaining: An Experimental Study," Journal of Risk and Uncertainty, Springer, vol. 1(1), pages 101-24, March.
  6. Hoffman, Elizabeth & Spitzer, Matthew L, 1982. "The Coase Theorem: Some Experimental Tests," Journal of Law and Economics, University of Chicago Press, vol. 25(1), pages 73-98, April.
  7. Roth, Alvin E, 1988. "Laboratory Experimentation in Economics: A Methodological Overview," Economic Journal, Royal Economic Society, vol. 98(393), pages 974-1031, December.
  8. R. J. Aumann & M. Maschler, 1972. "Some Thoughts on the Minimax Principle," Management Science, INFORMS, vol. 18(5-Part-2), pages 54-63, January.
  9. Quint, Thomas & Shubik, Martin, 2001. " Games of Status," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 3(4), pages 349-72.
  10. James T. Hong & Charles R. Plott, 1982. "Rate Filing Policies for Inland Water Transportation: An Experimental Approach," Bell Journal of Economics, The RAND Corporation, vol. 13(1), pages 1-19, Spring.
  11. Levine, Michael E. & Plott, Charles R., . "Agenda Influence and Its Implications," Working Papers 151, California Institute of Technology, Division of the Humanities and Social Sciences.
  12. Brown, James N & Rosenthal, Robert W, 1990. "Testing the Minimax Hypothesis: A Re-examination of O'Neill's Game Experiment," Econometrica, Econometric Society, vol. 58(5), pages 1065-81, September.
  13. Battalio, Raymond C & Kagel, John H & MacDonald, Don N, 1985. "Animals' Choices over Uncertain Outcomes: Some Initial Experimental Results," American Economic Review, American Economic Association, vol. 75(4), pages 597-613, September.
  14. James W. Friedman, 1965. "An Experimental Study of Cooperative Duopoly," Cowles Foundation Discussion Papers 192, Cowles Foundation for Research in Economics, Yale University.
  15. Roth, Alvin E & Murnighan, J Keith & Schoumaker, Francoise, 1988. "The Deadline Effect in Bargaining: Some Experimental Evidence," American Economic Review, American Economic Association, vol. 78(4), pages 806-23, September.
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Citations

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Cited by:
  1. David G. Pearce, 1991. "Repeated Games: Cooperation and Rationality," Cowles Foundation Discussion Papers 983, Cowles Foundation for Research in Economics, Yale University.

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