We show that concerns for fairness may have dramatic consequences for the optimal provision of incentives in a moral … concerned about fairness. Conversely, contracts that are doomed to fail when there are only selfish actors provide powerful …

We show that concerns for fairness may have dramatic consequences for the optimal provision of incentives in a moral … concerned about fairness. Conversely, contracts that are doomed to fail when there are only selfish actors provide powerful …

refutes the self-interest hypothesis, suggesting that concerns for altruism, fairness, and reciprocity strongly motivate many … the nature of preferences and the relative performance of competing fairness theories. The purpose of this chapter is to … norm violators. We further illustrate the powerful impact of fairness concerns on cooperation, competition, incentives, and …

We show experimentally that fairness concerns may have a decisive impact on the actual and optimal choice of contracts … and predominantly choose the bonus contracts. Our results are consistent with recently developed theories of fairness …, which offer important new insights into the interaction of contract choices, fairness and incentives. …

-interest theory but is consistent with theories of fairness. …

We show that concerns for fairness may have dramatic consequences for the optimal provision of incentives in a moral … concerned about fairness. Conversely, contracts that are doomed to fail when there are only selfish actors provide powerful …

analysis shows that fairness concerns can explain this preference for less completeness. Fair principals keep their promises …

This paper presents a formal theory of reciprocity. Reciprocity means that people reward kind actions and punish unkind …