Fehr, Ernst; Goette, Lorenz; Zehnder, Christian - Institute for the Study of Labor (IZA) - 2008
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 …