Instrumental stakeholder theory proposes a positive relationship between fairness toward
stakeholders and firm performance. Yet, some firms are successful with an arms‐length …

Take-it or leave-it offers are probably as old as mankind. Our objective here is, first, to
provide a, probably subjectively colored, recollection of the initial ultimatum game …

Any organization's success depends upon the voluntary cooperation of its members. But
what motivates people to cooperate? In Why People Cooperate, Tom Tyler challenges the …

This chapter reviews important contributions to justice research in economics with an
emphasis on empirical findings that bear on leading theories of justice. We consider …

In this article, we discuss concepts of procedural fairness and equality of opportunity, and
review the descriptive evidence regarding such procedural fairness preferences and their …

Elucidating how inequity aversion (a tendency to dislike and correct unequal outcomes)
functions as one develops is important to understanding more complex fairness …

Using experiments, we examine whether the decision to trust a stranger in a one-shot
interaction is equivalent to taking a risky bet, or if a trust decision entails an additional risk …

Recently developed models of fairness can explain a wide variety of seemingly contradictory
facts. One of the most controversial and yet unresolved issues in the modeling of fairness …

There has been an enormous amount of experimental research devoted to “otherregarding
preferences” since the publication of the first Handbook of Experimental Economics (Kagel …

We conduct experiments on earned wealth effects in dictator games. In addition to a
standard treatment in which wealth was determined by the experimenter, we conduct …