Discretionary sanctions and rewards in the repeated inspection game

We experimentally investigate a repeated “inspection game” where, in the stage game, an employee can either work or shirk and an employer simultaneously chooses to inspect or not inspect. The unique equilibrium of the stage game is in mixed strategies with positive probabilities of shirking/inspecti...

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Bibliographic Details
Main Authors: Nosenzo, Daniele, Offerman, Theo, Sefton, Martin, Veen, Ailko van der
Format: Article
Language:English
Published: Institute for Operations Research and the Management Sciences 2015
Online Access:http://eprints.nottingham.ac.uk/29769/
http://eprints.nottingham.ac.uk/29769/
http://eprints.nottingham.ac.uk/29769/
http://eprints.nottingham.ac.uk/29769/8/mnsc.2014.2124.pdf