Format:
1 Online-Ressource (17 Seiten)
ISSN:
1614-0559
Content:
Zusammenfassung: This paper argues that experimental and behavioral economics complement traditional approaches to studying relational contracting, for two reasons. First, experiments have advantages in identifying core elements of relational contracting theory, despite limitations. Second, insights from experimental and behavioral economics suggest ways to expand or modify standard assumptions of relational contracting. The paper highlights studies illustrating these complementarities, including one testing predictions on involuntary unemployment through laboratory experiments. Another set of studies explores the benefits of social group membership in fostering successful relationships
In:
volume:179
In:
number:3-4
In:
year:2023
In:
pages:701-717
In:
PublicationDate: 20231130
In:
Journal of institutional and theoretical economics, Tübingen : Mohr Siebeck, 1986-, 179, Heft 3-4 (2023), 701-717, 1614-0559
Language:
English
DOI:
10.1628/jite-2023-0049
URN:
urn:nbn:de:101:1-2023122202293045055249
URL:
https://doi.org/10.1628/jite-2023-0049
URL:
https://nbn-resolving.org/urn:nbn:de:101:1-2023122202293045055249
URL:
https://d-nb.info/1314364766/34
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