Title:

Risk Aversion and Equilibrium Selection in a Vertical Contracting Setting: An Experiment

Authors:

Nicolas Pasquier (U Minho, Universite Grenoble Alpes)
Olivier Bonroy ( Universite Grenoble Alpes)
Alexis Garapin ( Universite Grenoble Alpes)

Journal:

Theory And Decision

Year:

2022

Volume:

93

Number:

4

Pages:

585-614

JEL codes:

D81 - Criteria for Decision-Making under Risk and Uncertainty
D86 - Economics of Contract: Theory
D83 - Search; Learning; Information and Knowledge; Communication; Belief
L22 - Firm Organization and Market Structure: Markets vs. Hierarchies; Vertical Integration; Conglomerates; Subsidiaries

DOI:

10.1007/s11238-022-09868-x