This chapter surveys the contributions of laboratory experiments to labor economics. We
begin with a discussion of methodological issues: when (and why) is a lab experiment the …

Where such behaviors as risk-taking and hard work are not subject to complete contracts,
some distributions of assets (for instance the widespread use of tenancy) may preclude …

Psychological ownership as a phenomenon and construct attracts an increasing number of
scholars in a variety of fields. This volume presents a comprehensive and up-to-date review …

Almost half of American private-sector employees participate in “shared capitalism”—
employment relations where the pay or wealth of workers is directly tied to workplace or firm …

This article analyses the linkages among group incentive methods of compensation (broad‐
based employee ownership, profit sharing and stock options), labour practices, worker …

The theoretical and empirical linkages between employee ownership and performance are
reviewed. In response to the inconsistent and inconclusive findings of a simple ownership …

Due to the importance of family firms for the economy, researchers have begun to embrace
family firms as a research object. This article seeks to summarise and to structure family firm …

Punishment of shirkers is often an effective means of attenuating incentive problems and
sustaining coordination in work teams. Explanations of the motivation to punish generally …

Conflict aversion is a serious problem for democracy. The distaste for conflict cuts across
class and to some degree across gender (with the less educated and women somewhat …

The prevailing theories of the firm acknowledge the importance of trust and loyalty but
neglect such behaviour in the substance of their analyses. The present paper unravels this …