We conduct a laboratory experiment where third-party spectators can redistribute resources between two agents, thereby … inequalities, but many follow an interior allocation rule previously unaccounted for by the fairness views in the literature. These …

wage affects employee satisfaction, it is not only the wage per se that determines morale, but also the perceived fairness … from a laboratory experiment indicates these views differ significantly between participant “employers†and participant … aware of the relationship between fairness in compensation and employee morale as well as their own biases regarding the …

The paper demonstrates how trade between developing countries can cause the divergence of long-run growth among these … trade occurs at any moment if the countries have different numbers of intermediate varieties. The country with a larger …

trade. Utility-maximizing agents opt between careers in specialized production and careers in predation. Three types of …

trade expansion. Specifically, we present a stages-of-growth model in which the four phenomena are jointly endogenous and …