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Do sellers offer menus of contracts to separate buyer types? An experimental test of adverse selection theory.
Eva I. Hoppe
Patrick W. Schmitz
Published in:
Games Econ. Behav. (2015)
Keyphrases
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adverse selection
moral hazard
principal agent
electronic commerce
electronic markets
infinite horizon
auction mechanisms
mechanism design
reputation mechanisms
incentive compatible
transaction costs
supply chain
decision making
social choice
electronic marketplaces
decision theory
case study
information systems