colleagues get more income net of production costs. Screening workers with equal productivity but different fairness concerns is … shown to be impossible if both types are to be employed, thereby rendering the optimal employment contracts discontinuous in … the fraction of fair-minded workers. As a result, fairness might influence the employment contracts of all workers …

Several recent papers argue that contracts provide reference points that affect ex post behavior. We test this … effect of contracts on bargaining threatpoints. We compare situations in which an initial contract is renegotiated to …

upstream supplier sequentially offers supply contracts to two symmetric downstream firms. We find that equilibrium contracts …

relocate to other countries. We analyze a dynamic game where a regulator offers contracts to avert relocation of a firm in each … of two periods. The firm can undertake a location-specific investment (e.g., in abatement capital). Contracts can be …