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Endogenous managerial compensation contracts in experimental quantity-setting duopolies
Barreda-Tarrazona, Iván; Georgantzis, Nikolaos; Manasakis, Constantine; Mitrokostas, Evangelos; Petrakis, Emmanuel Elsevier (2016)Given the ongoing debate on managerial compensation schemes, our paper offers empirical insights on the strategic choice of firms’ owners over the terms of a managerial compensation contract, as a commitment device aiming ... -
Exchange markets with endogenous quality: When the lemons problem enchances trade
Barreda-Tarrazona, Iván; García-Gallego, Aurora; Georgantzis, Nikolaos; Mitrokostas, Evangelos; Jaber-Lopez, Tarek; Ziros, Nicholas (2016)A worrying feature of Akerlof’s (1970) model is that the existence of sufficiently many products of relatively low quality (“lemons”) in a market may not only drive those of high quality ... -
Psychopathy and Economic Behavior Among Prison Inmates: An Experiment
Balafoutas, Loukas; García-Gallego, Aurora; Georgantzis, Nikolaos; Jaber-Lopez, Tarek; Mitrokostas, Evangelos Frontiers Media (2021)This paper investigates whether there is a connection between psychopathy and certain manifestations of social and economic behavior, measured in a lab-in-thefield experiment with prison inmates. In order to test this ... -
Rehabilitation and social behavior: Experiments in prison
Balafoutas, Loukas; García-Gallego, Aurora; Georgantzis, Nikolaos; Jaber-Lopez, Tarek; Mitrokostas, Evangelos Elsevier (2020-01)Despite the economic and social significance of crime reduction and criminals’ rehabilitation, research evaluating the effects of incarceration on behavior is surprisingly scarce. We conduct an experiment with 105 prison ...