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A behavioral account of the labor market : the role of fairness concerns
Fehr, Ernst (contributor); Götte, Lorenz (contributor);  … - 2008
In this paper, we argue that important labor market phenomena can be better understood if one takes (i) the inherent incompleteness and relational nature of most employment contracts and (ii) the existence of reference-dependent fairness concerns among a substantial share of the population into...
Persistent link: https://www.econbiz.de/10003793473
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A behavioral account of the labor market : the role of fairness concerns
Fehr, Ernst; Götte, Lorenz; Zehnder, Christian - In: Annual review of economics 1 (2009), pp. 355-384
Persistent link: https://www.econbiz.de/10003905382
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A behavioral account of the labor market : the role of fairness concerns
Fehr, Ernst; Götte, Lorenz; Zehnder, Christian - 2008
Persistent link: https://www.econbiz.de/10003873693
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A Behavioral Account of the Labor Market : The Role of Fairness Concerns
Fehr, Ernst - 2008
In this paper, we argue that important labor market phenomena can be better understood if one takes (i) the inherent incompleteness and relational nature of most employment contracts and (ii) the existence of reference-dependent fairness concerns among a substantial share of the population into...
Persistent link: https://www.econbiz.de/10012768171
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A Behavioral Account of the Labor Market : The Role of Fairness Concerns
Fehr, Ernst - 2009
In this paper, we argue that important labor market phenomena can be better understood if one takes (i) the inherent incompleteness and relational nature of most employment contracts and (ii) the existence of reference-dependent fairness concerns among a substantial share of the population into...
Persistent link: https://www.econbiz.de/10012718601
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Fairness in the Labour Market? A Survey of Experimental Results
Gächter, Simon; Fehr, Ernst - 2004
governed by incomplete contracts. We show that the norm of reciprocity that leads to gift exchanges is an effective contract …
Persistent link: https://www.econbiz.de/10014116953
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A Behavioral Account of the Labor Market : The Role of Fairness Concerns
Fehr, Ernst - 2011
In this paper, we argue that important labor market phenomena can be better understood if one takes (a) the inherent incompleteness and relational nature of most employment contracts and (b) the existence of reference-dependent fairness concerns among a substantial share of the population into...
Persistent link: https://www.econbiz.de/10013120942
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Fairness and contract design
Fehr, Ernst; Klein, Alexander; Schmidt, Klaus M. - 2005 - This version: November 5, 2005
, which offer important new insights into the interaction of contract choices, fairness and incentives. …
Persistent link: https://www.econbiz.de/10010371080
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The complementary nature of trust and contract enforcement
Bartling, Björn; Fehr, Ernst; Huffman, David; Netzer, Nick - 2021
Under weak contract enforcement the trading parties' trust, defined as their belief in other's trustworthiness, appears … important for realizing gains from trade. In contrast, under strong contract enforcement beliefs about other's trustworthiness … appear less important, suggesting that trust and contract enforcement are substitutes. Here we show, however, that trust and …
Persistent link: https://www.econbiz.de/10012420256
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The complementary nature of trust and contract enforcement
Bartling, Björn; Fehr, Ernst; Huffman, David; Netzer, Nick - 2021
Under weak contract enforcement the trading parties' trust, defined as their belief in other's trustworthiness, appears … important for realizing gains from trade. In contrast, under strong contract enforcement beliefs about other's trustworthiness … appear less important, suggesting that trust and contract enforcement are substitutes. Here we show, however, that trust and …
Persistent link: https://www.econbiz.de/10012415967