Hidden action and outcome contractibility: an experimental test of moral hazard theory

DOI10.1016/J.GEB.2018.02.006MaRDI QIDQ1753310zbMATH OpenOpenAlexWikidataFDO

Authors Eva I. Hoppe, Patrick W. Schmitz

Publication date 29 May 2018

Published in Games and Economic Behavior (Search for Journal in Brave)

Copyright license Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International

Full work available at URL https://doi.org/10.1016/j.geb.2018.02.006

zbMATH Keywords

contract theoryhidden actionincentive theorylaboratory experimentsmoral hazard

Mathematics Subject Classification ID

Experimental studies (91A90)

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Cites work

• An Application of Hierarchical Kappa-type Statistics in the Assessment of Majority Agreement among Multiple Observers
• Bare promises: an experiment
• Communication and efficiency in competitive coordination games
• Competition in Lending: Theory and Experiments*
• Contracting under incomplete information and social preferences: an experimental study
• Do sellers offer menus of contracts to separate buyer types? An experimental test of adverse selection theory
• scientific article; zbMATH DE number 4207455 (Why is no real title available?)
• On the interplay of hidden action and hidden information in simple bilateral trading problems
• Perfect Equilibrium in a Bargaining Model
• Piece Rates, Fixed Wages and Incentives: Evidence from a Field Experiment
• Promises and Partnership
• Relational Contracts and the Nature of Market Interactions
• Subgame-perfect implementation under information perturbations
• What motivates effort? Evidence and expert forecasts

Cited in

(8)

• Moral hazard, risk seeking, and free riding
• Salience bias and overwork
• Securities auctions under moral hazard: an experimental study
• Repeated moral hazard and contracts with memory: a laboratory experiment
• Moral hazard: experimental evidence from tenancy contracts
• Disclosing products' freshness level as a non-contractible quality: optimal logistics service contracts in the fresh products supply chain
• Reciprocity and gift exchange in markets for credence goods
• Information disclosure in mitigating moral hazard: an experimental investigation

Describes a project that uses

Uses Software

• Z-Tree

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