Principal-agent game

This is based on the principal-agent game in which the principal may control or not control an agent. The question in the literature is whether exerting control is beneficial or not to the agent or whether agents will behave trustworthily if they are not controlled and reciprocate lack of control with effort, or whether control is intrinsically psychologically negative for agents and thus they behave control aversely (independent of reciprocity or trust concerns).

Falk and Kosfeld (2006): https://www.aeaweb.org/articles?id=10...
Ziegelmeye, Schmelz and Ploner al (2012): https://link.springer.com/article/10....
Burdin, Halliday and Landini (2018): https://www.sciencedirect.com/science...