...Siddhartha Mitra; Kunal Dey While the conventional utility maximization framework neglects the determination of productivity and assumes a trade-off between consumption financed by work and leisure, this paper, drawing on insights from neuroscience and psychology, argues that leisure plays a vital...

...Jordi Brandts; José M. Ortiz; Carles Solà Belda We present results from three-player experiments aimed at studying distributional concerns in how owner-managers compensate themselves and workers of different productivities and effort costs, as well as their relations to various equity principles...