Do sellers offer menus of contracts to separate buyer types? An experimental test of adverse selection theory
From MaRDI portal
Publication:2345232
DOI10.1016/j.geb.2014.11.001zbMath1311.91079OpenAlexW3121308463WikidataQ55881416 ScholiaQ55881416MaRDI QIDQ2345232
Eva I. Hoppe, Patrick W. Schmitz
Publication date: 19 May 2015
Published in: Games and Economic Behavior (Search for Journal in Brave)
Full work available at URL: https://doi.org/10.1016/j.geb.2014.11.001
Auctions, bargaining, bidding and selling, and other market models (91B26) Experimental studies (91A90)
Related Items
A penalty function method for the principal-agent problem with an infinite number of incentive-compatibility constraints under moral hazard ⋮ Referral hiring and wage formation in a market with adverse selection ⋮ Goal setting in the principal-agent model: weak incentives for strong performance ⋮ Hidden action and outcome contractibility: an experimental test of moral hazard theory ⋮ Revenue-sharing between developers of virtual products and platform distributors ⋮ An experimental investigation of the `tenuous trade-off' between risk and incentives in organizations
Uses Software
Cites Work
- Unnamed Item
- Unnamed Item
- Unnamed Item
- A within-subject analysis of other-regarding preferences
- No trade
- Experimental results on ultimatum games with incomplete information
- Job-market signaling and screening: An experimental comparison
- Optimal contracts with public ex post information
- Monopoly and product quality
- Quantal response equilibria for extensive form games
- Information, strategic behavior, and fairness in ultimatum bargaining: An experimental study
- Preferences, property rights, and anonymity in bargaining games
- Participation constraints in adverse selection models
- Countervailing incentives in agency problems
- Quantal response equilibria for normal form games
- Fairness in ultimatum games with asymmetric information and asymmetric payoffs
- Heterogeneous quantal response equilibrium and cognitive hierarchies
- Ultimatums in two-person barganining with one-sided uncertainty: Offer games
- Quantal-response equilibrium models of the ultimatum bargaining game
- No-Trade in the Laboratory
- Estimating the Influence of Fairness on Bargaining Behavior
- Optimal Nonuniform Prices
- Regulating a Monopolist with Unknown Costs
- From Ultimatum Bargaining to Dictatorship-an Experimental Study of Four Games Varying in Veto Power
- A Theory of Fairness, Competition, and Cooperation
- Contracting under Incomplete Information and Social Preferences: An Experimental Study
- Competition in Lending: Theory and Experiments*
- An Exploration in the Theory of Optimum Income Taxation
This page was built for publication: Do sellers offer menus of contracts to separate buyer types? An experimental test of adverse selection theory