Principal/Agent Game Results
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Session Name = ***, Demographic Survey = no, Description = Contract Law Insiders Experiment
Wage Range = [$0.00, $10.00], Bouus Range = [$0.00, $10.00], Punishment Range = [$0.00, $1.30]

Worker's Effort: 1 2 3 4 5 6 7 8 9 10
Value of Output: $1.00 $2.00 $3.00 $4.00 $5.00 $6.00 $7.00 $8.00 $9.00 $10.00
Cost of Effort: $0.01 $0.10 $0.20 $0.40 $0.60 $0.80 $1.00 $1.30 $1.60 $2.00

Warning: More than 24 participants have logged in.
You should check to be sure nobody logged in twice.

Current Message: none

Verification Cost = $1.00, Contract = bonus/incentive, Verification Probability = 0.33, Wage Check = true
Employer Outside Option Earnings = $0.00, Worker Outside Option Earnings = $0.00

Key: Contract Choice
Fixed Payment, Suggested Effort, Proposed Bonus Penalty
Worker ID: Effort
Bonus Payment Penalty Received
Employer Earnings

RoundAvg. Wage
Avg. Effort		Employer 1
***		Employer 2
***		Employer 3
***		Employer 4
***		Employer 5
***		Employer 6
***		Employer 7
***		Employer 8
***		Employer 9
***		Employer 10
***		Employer 11
***		Employer 12
***
1
$4.92
5.25		bonus
$5.00, 8 $1.00 *
24: effort = 6
$1.00 *
$0.00		bonus
$8.00, 8 $1.50 *
16: effort = 8
$1.50 *
$-1.50		bonus
$6.00, 5 $1.00 *
18: effort = 5
$0.00 *
$-1.00		bonus
$6.00, 7 $1.00 *
23: effort = 7
$1.00 *
$0.00		bonus
$5.00, 8 $4.00 *
13: effort = 9
$4.00 *
$0.00		bonus
$5.00, 8 $4.00 *
15: effort = 6
$0.00 *
$1.00		bonus
$7.00, 8 $1.00 *
22: effort = 1
$0.00 *
$-6.00		bonus
$2.00, 3 $1.00 *
17: effort = 3
$0.00 *
$1.00		bonus
$2.00, 8 $7.00 *
20: effort = 8
$0.00 *
$6.00		bonus
$5.00, 10 $3.00 *
19: effort = 5
$0.00 *
$0.00		bonus
$5.00, 7 $2.00 *
21: effort = 4
$0.00 *
$-1.00		penalty
$3.00, 10 * $1.30
14: effort = 1
* $0.00
$-3.00
2
$4.37
3.58		bonus
$4.00, 9 $2.00 *
18: effort = 5
$0.00 *
$1.00		bonus
$7.39, 4 $1.50 *
17: effort = 2
$0.00 *
$-5.39		bonus
$5.00, 7 $1.00 *
13: effort = 8
$0.00 *
$3.00		bonus
$7.00, 8 $1.00 *
14: effort = 1
$0.00 *
$-6.00		bonus
$2.00, 6 $5.00 *
16: effort = 6
$0.00 *
$4.00		bonus
$3.00, 8 $7.00 *
23: effort = 2
$0.00 *
$-1.00		penalty
$10.00, 10 * $1.30
19: effort = 9
* $1.30
$-0.70		bonus
$2.00, 6 $1.00 *
24: effort = 4
$0.00 *
$2.00		bonus
$3.00, 7 $1.00 *
20: effort = 1
$0.00 *
$-2.00		penalty
$2.00, 5 * $1.30
22: effort = 1
* $0.00
$-2.00		bonus
$4.00, 7 $2.00 *
15: effort = 3
$0.00 *
$-1.00		penalty
$3.00, 7 * $1.30
21: effort = 1
* $1.30
$-1.70
3
$4.65
4.25		bonus
$7.00, 10 $1.00 *
15: effort = 8
$0.00 *
$1.00		penalty
$5.29, 5 * $0.40
14: effort = 1
* $0.40
$-4.89		bonus
$8.00, 6 $1.00 *
18: effort = 7
$0.00 *
$-1.00		penalty
$6.00, 7 * $1.30
22: effort = 1
* $0.00
$-6.00		bonus
$2.00, 10 $6.00 *
24: effort = 1
$0.00 *
$-1.00		penalty
$5.00, 7 * $1.30
21: effort = 4
* $0.00
$-2.00		bonus
$10.00, 10 $10.00 *
20: effort = 10
$0.00 *
$0.00		bonus
$4.00, 8 $1.00 *
16: effort = 1
$0.00 *
$-3.00		bonus
$4.00, 6 $6.00 *
19: effort = 6
$0.00 *
$2.00		penalty
$2.00, 10 * $1.30
13: effort = 1
* $1.30
$-0.70		penalty
$2.00, 5 * $1.30
17: effort = 7
* $0.00
$4.00		bonus
$0.50, 4 $2.00 *
23: effort = 4
$0.50 *
$3.00
4
$3.89
4.33		bonus
$4.00, 9 $1.00 *
17: effort = 1
$0.00 *
$-3.00		bonus
$7.22, 3 $1.34 *
16: effort = 5
$1.34 *
$-3.56		bonus
$7.00, 5 $1.00 *
23: effort = 5
$0.00 *
$-2.00		penalty
$2.00, 4 * $1.30
20: effort = 4
* $0.00
$1.00		bonus
$1.00, 7 $3.00 *
19: effort = 2
$0.00 *
$1.00		bonus
$4.00, 6 $2.00 *
13: effort = 8
$2.00 *
$2.00		bonus
$8.00, 8 $10.00 *
18: effort = 10
$0.00 *
$2.00		penalty
$4.00, 7 * $1.00
22: effort = 1
* $0.00
$-4.00		bonus
$4.00, 7 $8.00 *
14: effort = 7
$3.00 *
$0.00		bonus
$2.00, 1 $10.00 *
24: effort = 6
$0.00 *
$4.00		penalty
$3.00, 5 * $1.30
21: effort = 2
* $0.00
$-2.00		bonus
$0.50, 4 $2.50 *
15: effort = 1
$0.00 *
$0.50
5
$4.12
3.75		bonus
$2.00, 5 $1.00 *
16: effort = 5
$1.00 *
$2.00		penalty
$10.00, 1 * $1.00
23: effort = 1
* $0.00
$-10.00		bonus
$7.00, 8 $1.00 *
24: effort = 1
$0.00 *
$-6.00		penalty
$4.00, 6 * $1.30
15: reject
* $0.00
$0.00		bonus
$4.00, 10 $4.00 *
21: effort = 10
$2.00 *
$4.00		bonus
$4.00, 6 $2.00 *
20: effort = 6
$0.50 *
$1.50		bonus
$8.00, 10 $2.00 *
22: effort = 1
$0.00 *
$-7.00		bonus
$1.00, 7 $3.00 *
18: effort = 7
$3.00 *
$3.00		bonus
$4.00, 6 $4.00 *
19: effort = 6
$1.00 *
$1.00		bonus
$2.00, 1 $10.00 *
14: effort = 1
$0.00 *
$-1.00		penalty
$3.00, 5 * $1.30
13: effort = 1
* $0.00
$-3.00		bonus
$0.40, 3 $1.00 *
17: effort = 6
$1.00 *
$4.60
6
$3.28
4.25		bonus
$2.00, 6 $2.00 *
15: effort = 2
$0.00 *
$0.00		penalty
$9.99, 8 * $0.21
13: effort = 8
* $0.00
$-2.99		bonus
$4.00, 6 $1.00 *
16: effort = 6
$0.00 *
$2.00		bonus
$7.00, 8 $0.50 *
24: effort = 4
$0.00 *
$-3.00		bonus
$3.00, 10 $1.00 *
22: effort = 1
$0.00 *
$-2.00		bonus
$1.00, 4 $9.00 *
17: effort = 10
$3.00 *
$6.00		bonus
$2.00, 10 $10.00 *
23: effort = 1
$0.00 *
$-1.00		bonus
$1.00, 7 $3.00 *
20: effort = 1
$0.00 *
$0.00		bonus
$6.00, 9 $6.00 *
14: effort = 1
$0.00 *
$-5.00		bonus
$1.00, 2 $10.00 *
21: effort = 10
$0.00 *
$9.00		bonus
$2.00, 5 $4.00 *
18: effort = 7
$1.00 *
$4.00		bonus
$0.40, 3 $2.00 *
19: reject
$0.00 *
$0.00
7
$2.51
4.25		bonus
$3.00, 9 $2.00 *
17: effort = 10
$2.00 *
$5.00		bonus
$2.59, 8 $0.20 *
13: effort = 1
$0.00 *
$-1.59		bonus
$4.00, 6 $1.00 *
23: effort = 6
$0.00 *
$2.00		penalty
$8.00, 10 * $1.30
18: effort = 9
* $0.00
$0.00		bonus
$2.00, 10 $5.00 *
14: effort = 1
$0.00 *
$-1.00		bonus
$1.00, 4 $5.00 *
20: effort = 5
$1.00 *
$3.00		bonus
$2.00, 10 $10.00 *
22: effort = 1
$0.00 *
$-1.00		bonus
$1.00, 6 $3.00 *
24: effort = 6
$3.00 *
$2.00		bonus
$3.00, 6 $5.00 *
19: effort = 6
$2.00 *
$1.00		bonus
$1.00, 2 $10.00 *
16: effort = 1
$0.00 *
$0.00		bonus
$2.00, 5 $4.00 *
21: effort = 1
$0.00 *
$-1.00		bonus
$0.50, 4 $2.00 *
15: effort = 4
$1.00 *
$2.50
8
$3.04
2.83		bonus
$2.00, 9 $3.00 *
18: effort = 5
$0.00 *
$3.00		bonus
$4.49, 7 $2.03 *
24: effort = 6
$1.00 *
$0.51		bonus
$4.00, 6 $2.00 *
13: effort = 8
$0.00 *
$4.00		penalty
$9.00, 10 * $1.30
21: effort = 1
* $0.00
$-9.00		bonus
$1.00, 7 $3.00 *
20: effort = 1
$0.00 *
$0.00		bonus
$0.50, 1 $10.00 *
17: effort = 4
$1.00 *
$2.50		penalty
$2.00, 10 * $1.30
22: effort = 1
* $0.00
$-2.00		penalty
$3.00, 5 * $1.00
19: effort = 1
* $0.00
$-3.00		penalty
$5.00, 8 * $1.00
16: effort = 1
* $0.00
$-5.00		bonus
$3.00, 1 $8.00 *
15: effort = 5
$0.00 *
$2.00		bonus
$2.00, 6 $3.00 *
23: effort = 1
$0.00 *
$-1.00		bonus
$0.50, 4 $2.00 *
14: reject
$0.00 *
$0.00
9
$2.11
4.17		bonus
$2.00, 8 $7.00 *
24: effort = 7
$0.00 *
$5.00		bonus
$4.69, 6 $9.00 *
19: effort = 6
$0.00 *
$1.31		bonus
$4.00, 6 $2.00 *
14: effort = 8
$0.00 *
$4.00		penalty
$2.00, 10 * $1.30
18: effort = 1
* $0.00
$-2.00		bonus
$0.60, 5 $2.00 *
22: effort = 1
$0.00 *
$0.40		bonus
$0.50, 2 $3.00 *
17: effort = 4
$1.00 *
$2.50		penalty
$1.00, 7 * $1.30
15: effort = 1
* $0.00
$-1.00		bonus
$1.00, 6 $3.00 *
20: effort = 1
$0.00 *
$0.00		penalty
$5.00, 7 * $1.25
23: effort = 1
* $0.00
$-5.00		bonus
$3.00, 4 $9.00 *
13: effort = 10
$0.00 *
$7.00		bonus
$1.00, 6 $3.00 *
16: effort = 6
$0.00 *
$5.00		bonus
$0.55, 4 $2.00 *
21: effort = 4
$1.00 *
$2.45
10
$2.05
2.83		bonus
$2.00, 8 $7.00 *
24: effort = 5
$0.00 *
$3.00		bonus
$5.02, 8 $1.03 *
22: effort = 1
$0.00 *
$-4.02		bonus
$4.00, 6 $2.00 *
20: effort = 8
$0.00 *
$4.00		bonus
$2.00, 4 $0.50 *
19: effort = 1
$0.00 *
$-1.00		penalty
$1.00, 7 * $1.00
17: effort = 1
* $1.00
$0.00		bonus
$0.10, 1 $2.00 *
23: effort = 1
$0.10 *
$0.80		penalty
$1.00, 7 * $1.30
13: reject
* $0.00
$0.00		penalty
$2.00, 4 * $1.00
16: effort = 1
* $1.00
$-1.00		penalty
$3.00, 5 * $1.30
21: effort = 5
* $0.00
$1.00		bonus
$3.00, 3 $9.00 *
14: effort = 1
$0.00 *
$-2.00		bonus
$1.00, 6 $3.00 *
15: effort = 6
$2.00 *
$3.00		bonus
$0.50, 4 $2.00 *
18: effort = 4
$1.00 *
$2.50
11
bonus
$1.00, 7 $3.00 *
13: effort =
$0.00 * 		bonus
$0.15, 2 $0.00 *
17: effort =
$0.00 * 		bonus
$2.00, 1 $8.00 *
14: effort =
$0.00 *
12
 ************************************
13
14
15
16
17
18
19
20
Total
Earnings
-
$17.00
$-32.12
$9.00
$-26.00
$5.40
$16.30
$-16.70
$-3.00
$-6.00
$16.30
$7.00
$10.85
Session
Averages
Average Wage = $3.43
Average Effort = 3.95
Create an unformatted data table that can be imported into a spreadsheet or a data analysis program.
Vecon Lab - December 20, 2003