<heading id="h1" level="1" implicit="yes" format="display">ABSTRACT</heading>This paper investigates the effects of preferences on judgments in an investing context, where investors should be motivated to interpret information objectively, yet have clear preferences with respect to what the information they are evaluating conveys (i.e., a gain or a loss on their...

<heading id="h1" level="1" implicit="yes" format="display">ABSTRACT</heading>Implicit employment contracts are a common way to motivate firm productivity but also require that employees trust management to be fair when allocating postproduction firm resources between employees and owners. We use an experiment to study the problem of motivating firm productivity,...