Repeated moral hazard and contracts with memory: A laboratory experiment

Citations

Cited by:

1. Filippin, Antonio & Crosetto, Paolo, 2014. "A Reconsideration of Gender Differences in Risk Attitudes," IZA Discussion Papers 8184, Institute of Labor Economics (IZA).
   • Antonio Filippin & Paolo Crosetto, 2014. "A reconsideration of gender differences in risk attitudes," Post-Print hal-01997771, HAL.
   • Filippin, A. & Crosetto, P., 2014. "A reconsideration of gender differences in risk attitudes," Working Papers 2014-01, Grenoble Applied Economics Laboratory (GAEL).
   • Antonio Filippin & Paolo Crosetto, 2016. "A Reconsideration of Gender Differences in Risk Attitudes," Post-Print hal-01356905, HAL.
   • Antonio FILIPPIN & Paolo CROSETTO, 2014. "A Reconsideration of Gender Differences in Risk Attitudes," Departmental Working Papers 2014-01, Department of Economics, Management and Quantitative Methods at Università degli Studi di Milano.
2. Schmitz, Patrick W., 2019. "Incomplete contracts, limited liability, and the optimality of joint ownership," Economics Letters, Elsevier, vol. 183(C), pages 1-1.
   • Schmitz, Patrick W., 2019. "Incomplete Contracts, Limited Liability, and the Optimality of Joint Ownership," MPRA Paper 95637, University Library of Munich, Germany.
   • Schmitz, Patrick W., 2019. "Incomplete Contracts, Limited Liability, and the Optimality of Joint Ownership," CEPR Discussion Papers 13881, C.E.P.R. Discussion Papers.
3. Goldlücke, Susanne & Schmitz, Patrick W., 2018. "Pollution claim settlements reconsidered: Hidden information and bounded payments," European Economic Review, Elsevier, vol. 110(C), pages 211-222.
   • Schmitz, Patrick W. & Goldlücke, Susanne, 2016. "Pollution Claim Settlements Reconsidered: Hidden Information and Bounded Payments," CEPR Discussion Papers 11217, C.E.P.R. Discussion Papers.
   • Goldlücke, Susanne & Schmitz, Patrick W., 2018. "Pollution Claim Settlements Reconsidered: Hidden Information and Bounded Payments," MPRA Paper 90800, University Library of Munich, Germany.
4. Müller, Daniel & Schmitz, Patrick W., 2015. "Overdeterrence of repeat offenders when penalties for first-time offenders are restricted," Economics Letters, Elsevier, vol. 129(C), pages 116-120.
   • Schmitz, Patrick W., 2014. "Overdeterrence of repeat offenders when penalties for first-time offenders are restricted," CEPR Discussion Papers 10249, C.E.P.R. Discussion Papers.
   • Müller, Daniel & Schmitz, Patrick W., 2015. "Overdeterrence of repeat offenders when penalties for first-time offenders are restricted," MPRA Paper 90792, University Library of Munich, Germany.
5. Siegert, Caspar & Trepper, Piers, 2015. "Optimal tolerance for failure," Journal of Economic Behavior & Organization, Elsevier, vol. 109(C), pages 41-55.
6. At Christian & Friehe Tim & Gabuthy Yannick, 2019. "On Lawyer Compensation When Appeals Are Possible," The B.E. Journal of Economic Analysis & Policy, De Gruyter, vol. 19(2), pages 1-11, April.
   • Christian At & Tim Friehe & Yannick Gabuthy, 2018. "On Lawyer Compensation When Appeals Are Possible," Working Papers of BETA 2018-17, Bureau d'Economie Théorique et Appliquée, UDS, Strasbourg.
   • Christian At & Tim Friehe & Yannick Gabuthy, 2019. "On Lawyer Compensation When Appeals Are Possible," Post-Print hal-02309475, HAL.
   • Christian At & Tim Friehe & Yannick Gabuthy, 2019. "On Lawyer Compensation When Appeals Are Possible," Post-Print hal-03272965, HAL.
7. Matthias Kräkel, 2017. "Authority and Incentives in Organizations," Scandinavian Journal of Economics, Wiley Blackwell, vol. 119(2), pages 295-311, April.
   • Kräkel, Matthias, 2013. "Authority and Incentives in Organizations," Bonn Econ Discussion Papers 03/2013, University of Bonn, Bonn Graduate School of Economics (BGSE).
   • Kräkel, Matthias, 2013. "Authority and Incentives in Organizations," Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems 412, Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University of Munich.
   • Kräkel, Matthias, 2013. "Authority and Incentives in Organizations," IZA Discussion Papers 7271, Institute of Labor Economics (IZA).
8. Matthias Lang, 2023. "Stochastic contracts and subjective evaluations," RAND Journal of Economics, RAND Corporation, vol. 54(1), pages 104-134, March.
   • Matthias Lang, 2021. "Stochastic Contracts and Subjective Evaluations," CESifo Working Paper Series 9458, CESifo.
   • Lang, Matthias, 2022. "Stochastic Contracts and Subjective Evaluations," Rationality and Competition Discussion Paper Series 329, CRC TRR 190 Rationality and Competition.
9. Nicolas Quérou & Antoine Soubeyran & Raphael Soubeyran, 2020. "Contracting under unverifiable monetary costs," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 29(4), pages 892-909, October.
   • Nicolas Quérou & Antoine Soubeyran & Raphael Soubeyran, 2020. "Contracting Under Unverifiable Monetary Costs," Post-Print hal-02866383, HAL.
10. Patrick W Schmitz, 2022. "How (Not) to Purchase Novel Goods and Services: Specific Performance Versus at-will Contracts," The Economic Journal, Royal Economic Society, vol. 132(647), pages 2563-2577.
    • Schmitz, Patrick W., 2022. "How (Not) to Purchase Novel Goods and Services: Specific Performance Versus At-Will Contracts," MPRA Paper 112839, University Library of Munich, Germany.
    • Schmitz, Patrick W., 2022. "How (Not) to Purchase Novel Goods and Services: Specific Performance Versus At-Will Contracts," CEPR Discussion Papers 17109, C.E.P.R. Discussion Papers.
11. Giuseppe Attanasi & Kene Boun My & Marco Buso & Anne Stenger, 2020. "Private investment with social benefits under uncertainty: The dark side of public financing," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 22(3), pages 769-820, June.
    • Giuseppe Attanasi & Kene Boun My & Marco Buso & Anne Stenger, 2016. "Private investment with social benefits under uncertainty: the dark side of public financing," Working Papers of BETA 2016-12, Bureau d'Economie Théorique et Appliquée, UDS, Strasbourg.
    • Giuseppe Attanasi & Kene Boun My & Marco Buso & Anne Stenger, 2020. "Private investment with social benefits under uncertainty : The dark side of public financing," Post-Print hal-02893442, HAL.
12. Esteve-González, Patricia, 2016. "Moral hazard in repeated procurement of services," International Journal of Industrial Organization, Elsevier, vol. 48(C), pages 244-269.
    • Esteve González, Patrícia, 2014. "Moral Hazard in Repeated Procurement of Services," Working Papers 2072/237593, Universitat Rovira i Virgili, Department of Economics.
13. Eva I. Hoppe & Patrick W. Schmitz, 2021. "How (Not) to Foster Innovations in Public Infrastructure Projects," Scandinavian Journal of Economics, Wiley Blackwell, vol. 123(1), pages 238-266, January.
    • Schmitz, Patrick W. & ,, 2018. "How (Not) to Foster Innovations in Public Infrastructure Projects," CEPR Discussion Papers 13406, C.E.P.R. Discussion Papers.
    • Hoppe, Eva I. & Schmitz, Patrick W., 2019. "How (Not) to Foster Innovations in Public Infrastructure Projects," MPRA Paper 95615, University Library of Munich, Germany.
14. Lorens Imhof & Matthias Kräkel, 2016. "Ex post unbalanced tournaments," RAND Journal of Economics, RAND Corporation, vol. 47(1), pages 73-98, February.
15. Kräkel, Matthias, 2016. "Peer effects and incentives," Games and Economic Behavior, Elsevier, vol. 97(C), pages 120-127.
    • Kräkel, Matthias, 2014. "Peer Effects and Incentives," Bonn Econ Discussion Papers 03/2014, University of Bonn, Bonn Graduate School of Economics (BGSE).
16. Au, Pak Hung & Chen, Bin R., 2019. "Objective and subjective indicators in long-term contracting," Journal of Economic Behavior & Organization, Elsevier, vol. 166(C), pages 309-331.
17. David Martimort & Stéphane Straub, 2016. "How To Design Infrastructure Contracts In A Warming World: A Critical Appraisal Of Public–Private Partnerships," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 57(1), pages 61-88, February.
    • Martimort, David & Straub, Stéphane, 2012. "How to Design Infrastructure Contracts in a Warming World? A Critical Appraisal of Public-Private Partnerships," TSE Working Papers 12-315, Toulouse School of Economics (TSE).
    • David Martimort & Stephane Straub, 2016. "How to design infrastructure contracts in a warning world: a critical appraisal of public-private partnerships," PSE-Ecole d'économie de Paris (Postprint) halshs-01328640, HAL.
    • Martimort, David & Straub, Stéphane, 2012. "How to Design Infrastructure Contracts in a Warming World? A Critical Appraisal of Public-Private Partnerships," IDEI Working Papers 724, Institut d'Économie Industrielle (IDEI), Toulouse.
    • David Martimort & Stephane Straub, 2016. "How to design infrastructure contracts in a warning world: a critical appraisal of public-private partnerships," Post-Print halshs-01328640, HAL.
18. Fabio Römeis & Fabian Herweg & Daniel Müller, 2022. "Salience Bias and Overwork," Games, MDPI, vol. 13(1), pages 1-22, January.
19. Bin R. Chen & Sanxi Li, 2018. "Prehire Screening and Subjective Performance Evaluations," Management Science, INFORMS, vol. 64(10), pages 4953-4965, October.
20. Kräkel, Matthias & Müller, Daniel, 2015. "Merger efficiency and managerial incentives," International Journal of Industrial Organization, Elsevier, vol. 41(C), pages 51-63.
    • Kräkel, Matthias & Müller, Daniel, 2013. "Merger Efficiency and Managerial Incentives," Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems 410, Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University of Munich.
21. Axelson, Ulf & Bond, Philip, 2015. "Wall Street occupations," LSE Research Online Documents on Economics 37448, London School of Economics and Political Science, LSE Library.
22. Kräkel, Matthias, 2017. "Self-organizing teams," Economics Letters, Elsevier, vol. 159(C), pages 195-197.
23. Antonio Filippin & Paolo Crosetto, 2016. "A Reconsideration of Gender Differences in Risk Attitudes," Management Science, INFORMS, vol. 62(11), pages 3138-3160, November.
    • Filippin, Antonio & Crosetto, Paolo, 2014. "A Reconsideration of Gender Differences in Risk Attitudes," IZA Discussion Papers 8184, Institute of Labor Economics (IZA).
    • Antonio Filippin & Paolo Crosetto, 2014. "A reconsideration of gender differences in risk attitudes," Post-Print hal-01997771, HAL.
    • Filippin, A. & Crosetto, P., 2014. "A reconsideration of gender differences in risk attitudes," Working Papers 2014-01, Grenoble Applied Economics Laboratory (GAEL).
    • Antonio Filippin & Paolo Crosetto, 2016. "A Reconsideration of Gender Differences in Risk Attitudes," Post-Print hal-01356905, HAL.
    • Antonio FILIPPIN & Paolo CROSETTO, 2014. "A Reconsideration of Gender Differences in Risk Attitudes," Departmental Working Papers 2014-01, Department of Economics, Management and Quantitative Methods at Università degli Studi di Milano.
24. Kräkel, Matthias & Schöttner, Anja, 2016. "Optimal sales force compensation," Journal of Economic Behavior & Organization, Elsevier, vol. 126(PA), pages 179-195.
    • Matthias Kräkel & Anja Schöttner, 2014. "Optimal Sales Force Compensation," Working Paper Series of the Department of Economics, University of Konstanz 2014-09, Department of Economics, University of Konstanz.
25. Leshem, Shmuel & Tabbach, Avraham, 2023. "The option value of record-based sanctions," Games and Economic Behavior, Elsevier, vol. 137(C), pages 1-22.
26. Müller, Daniel & Schmitz, Patrick W., 2021. "The right to quit work: An efficiency rationale for restricting the freedom of contract," Journal of Economic Behavior & Organization, Elsevier, vol. 184(C), pages 653-669.
    • Schmitz, Patrick W. & Müller, Daniel, 2020. "The Right to Quit Work: An Efficiency Rationale for Restricting the Freedom of Contract," CEPR Discussion Papers 15567, C.E.P.R. Discussion Papers.
    • Müller, Daniel & Schmitz, Patrick W., 2021. "The Right to Quit Work: An Efficiency Rationale for Restricting the Freedom of Contract," MPRA Paper 106427, University Library of Munich, Germany.
27. Brad Graham & Jack Robles, 2019. "Attorney fees in repeated relationships," Journal of Economics, Springer, vol. 127(2), pages 99-124, July.
    • Graham, Brad & Robles, Jack, 2016. "Attorney fees in repeated relationships," Working Paper Series 19420, Victoria University of Wellington, School of Economics and Finance.
28. Christian Lukas, 2017. "Contract design in dynamic agency: An experimental analysis," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 38(8), pages 1216-1226, December.
29. Schmitz, Patrick W., 2013. "Job design with conflicting tasks reconsidered," European Economic Review, Elsevier, vol. 57(C), pages 108-117.
    • Schmitz, Patrick W., 2012. "Job design with conflicting tasks reconsidered," MPRA Paper 36914, University Library of Munich, Germany.
30. Ulf Axelson & Philip Bond, 2015. "Wall Street Occupations," Journal of Finance, American Finance Association, vol. 70(5), pages 1949-1996, October.
31. Weinschenk, Philipp, 2017. "Working conditions and regulation," Labour Economics, Elsevier, vol. 44(C), pages 177-191.
32. At, Christian & Gabuthy, Yannick, 2015. "Moral hazard and agency relationship in sequential litigation," International Review of Law and Economics, Elsevier, vol. 41(C), pages 86-90.
    • Christian At & Yannick Gabuthy, 2015. "Moral Hazard and Agency Relationship in Sequential Litigation," Post-Print halshs-01309094, HAL.
33. Matthias Fahn & Anne Schade & Katharina Schüßler, 2017. "What Drives Reciprocal Behavior? The Optimal Provision of Incentives over the Course of Careers," CESifo Working Paper Series 6635, CESifo.
34. Jiancai Pi, 2021. "An investigation of seeming favoritism in public procurement," Manchester School, University of Manchester, vol. 89(1), pages 128-137, January.
35. Mol, Jantsje M. & Botzen, W. J. Wouter & Blasch, Julia E., 2020. "Risk reduction in compulsory disaster insurance: Experimental evidence on moral hazard and financial incentives," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 84(C).
36. Mahmoud Sami Nabi, 2016. "Revisiting equity and debt: access to finance and economic inefficiency," International Review of Economics, Springer;Happiness Economics and Interpersonal Relations (HEIRS), vol. 63(4), pages 393-429, December.
37. Kräkel, Matthias, 2021. "On the delegation of authority," Journal of Economic Behavior & Organization, Elsevier, vol. 191(C), pages 965-981.
38. Christian Lukas, 2023. "On interim performance evaluations and interdependent period outcomes," Journal of Management Control: Zeitschrift für Planung und Unternehmenssteuerung, Springer, vol. 34(1), pages 67-108, March.
39. Auriol, Emmanuelle & Friebel, Guido & von Bieberstein, Frauke, 2016. "The firm as the locus of social comparisons: Standard promotion practices versus up-or-out," Journal of Economic Behavior & Organization, Elsevier, vol. 121(C), pages 41-59.
40. Daniel Müller & Philipp Weinschenk, 2015. "Rater Bias and Incentive Provision," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 24(4), pages 833-862, October.
41. Brad Graham & Jack Robles, 2019. "Attorney fees in repeated relationships," Journal of Economics, Springer, vol. 127(2), pages 99-124, July.
    • Graham, Brad & Robles, Jack, 2016. "Attorney fees in repeated relationships," Working Paper Series 5074, Victoria University of Wellington, School of Economics and Finance.
42. Pi, Jiancai, 2014. "Job design with sequential tasks and outcome externalities revisited," Economics Letters, Elsevier, vol. 125(2), pages 274-277.
43. Khanna, Naveen & Mathews, Richmond D., 2022. "Skill versus reliability in venture capital," Journal of Financial Economics, Elsevier, vol. 145(2), pages 41-63.
44. David Martimort & Stéphane Straub, 2016. "How To Design Infrastructure Contracts In A Warming World: A Critical Appraisal Of Public–Private Partnerships," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 57, pages 61-88, February.
    • Martimort, David & Straub, Stéphane, 2012. "How to Design Infrastructure Contracts in a Warming World? A Critical Appraisal of Public-Private Partnerships," TSE Working Papers 12-315, Toulouse School of Economics (TSE).
    • Martimort, David & Straub, Stéphane, 2012. "How to Design Infrastructure Contracts in a Warming World? A Critical Appraisal of Public-Private Partnerships," IDEI Working Papers 724, Institut d'Économie Industrielle (IDEI), Toulouse.
    • David Martimort & Stephane Straub, 2016. "How to design infrastructure contracts in a warning world: a critical appraisal of public-private partnerships," PSE-Ecole d'économie de Paris (Postprint) halshs-01328640, HAL.
    • David Martimort & Stephane Straub, 2016. "How to design infrastructure contracts in a warning world: a critical appraisal of public-private partnerships," Post-Print halshs-01328640, HAL.
45. Thomas Kohler & Fabian Schmitz, 2020. "Do Non-Compete Clauses Undermine Minimum Wages?," ECONtribute Discussion Papers Series 021, University of Bonn and University of Cologne, Germany.
46. Marco Buso & Luciano Greco, 2021. "The Optimality of Public-Private Partnerships under Financial and Fiscal Constraints," "Marco Fanno" Working Papers 0276, Dipartimento di Scienze Economiche "Marco Fanno".