conditions under which it is profitable for firms to engage in price obfuscation, given the potential fairness concerns of … consumers. We study how price obfuscation affects consumer fairness concerns, consumer demand, and equilibrium pricing … strategies. The findings suggest that if obfuscation mitigates fairness concerns, it can arise as an equilibrium outcome, even if …

Price discrimination has raised numerous public concerns and many regulatory agencies have enacted fairness regulations … of consumers and firms. However, inappropriate fairness regulation may stifle product quality improvement or induce high … heterogeneous market sizes, pursuing price fairness enlarges their profit inequality, and sometimes even leads to the unintended …

This paper explores the implications of fairness and reciprocity in dynamic market games. A reciprocal player responds … behavior of rivals with kind actions (constructive reciprocity). The paper shows that for general perceptions of fairness …

conducted a real effort fairness experiment where people in two of the world's richest countries, Norway and Germany, interacted …

fairness perceptions affect the reaction to punishment and whether this effect is consistent across repeated play and role … behavior depending on their fairness perceptions, their experienced emotions, and their interaction with responders. We find … that fairness plays an important role in the behavior of proposers. Specifically, deviations from a perceived fairness norm …

People's fairness preferences are an important constraint for what constitutes an acceptable economic transaction, yet … arising from previous transactions play an important role in shaping perceptions of fairness. Buyers used to high market … two classes of models of path-dependent fairness preferences - either based on endogenous fairness reference points or …