This paper investigates physiological responses to perceptions of unfair pay. In a simple principal agent experiment … experiment we record agents' heart rate variability. Our findings provide evidence of a link between perceived unfairness and … health, and fairness of pay. …

among a substantial share of the population into account. Theory shows and experiments confirm, that even if fairness … incompleteness and relational nature of most employment contracts and (ii) the existence of reference-dependent fairness concerns … concerns on economic outcomes. We also review evidence from laboratory and field experiments examining the role of wages and …

's dilemma game without communication. In an experiment on a voluntary participation game with a non-excludable public good that …

Redistribution is an inevitable feature of collective pension schemes and economic experiments have revealed that most … they argue for or against mandatory participation? Should we have less redistribution and more actuarial fairness? How does …

This paper presents the results of a laboratory experiment in which workers perform a real-effort task and supervisors … that guilt aversion plays a role. …

strength. We then present three experiments that study main predictions and implications of the model. The first is a simple … principal-agent experiment that shows that consistency is valued by others and that this value is anticipated. The second … experiment underlines the crucial role of early commitment for consistency preferences. Finally we show how preferences for …

fishermen who exhibit a higher propensity for cooperation in a laboratory public goods experiment, and those who show more … patience in a laboratory time preference experiment, exploit the fishing grounds less in their daily lives. Moreover, because …