Table II

Wage vs principal payoff

Trust–incentive treatment wage vs principal payoff
Dependent variable: principal payoff
VariablesTrust contractIncentive contract
Constant−3.79 (10.230)−3.62 (8.03)
Wage1.416* (0.790)1.119* (00.627)
R20.340.30

Notes: *indicates 10% level of significance, () contain standard errors

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