Research on the distribution of resources typically focuses on anticipated outcomes. This paper investigates the social norms people use to distribute adventitious (unanticipated) outcomes. Participants in this study read a scenario where either they, or the person they were with (an...

We use behavioral decision and agency theory to examine how the framing of contingent compensation affects agent preferences and behaviors in three separate studies sampling business undergraduates, MBAs, and physicians. In general, we found support for the risk aversion assumptions of agency...