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. …

We present an economic experiment on network formation, in which subjects can decide to form links to one another …. Direct links are costly but being connected is valuable. The gametheoretic basis for our experiment is the model of Bala and …

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 …

paper, we conduct laboratory experiments in which we explore the motivations for and the effects of group identity. We find …

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

'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 …

We report the results of a laboratory experiment testing for the existence of loss aversion in a standard risk aversion … protocol (Holt and Laury, 2002). In our experiment, participants earn and retain money for a week before using it in an … incentivized risk preference elicitation task. We find loss aversion, distinct from risk aversion, has a significant effect on …