Pricing in Competitive Search Markets: The Roles of Price Information and Fairness Perceptions
Published Online:10 Jan 2017https://doi.org/10.1287/mnsc.2016.2620
References
- (1997) Government–assisted oligopoly coordination? A concrete case. J. Indust. Econom. 45(4):429–443.Crossref, Google Scholar
- (2013) Directed search, coordination failure and seller profits: An experimental comparison of posted pricing with single and multiple prices. Internat. Econom. Rev. 54(3):873–884.Crossref, Google Scholar
- (2015) Inflation tax in the lab: A theoretical and experimental study of competitive search equilibrium with inflation. J. Econom. Dynam. Control 61:17–33.Crossref, Google Scholar
- (1995) Biased judgments of fairness in bargaining. Amer. Econom. Rev. 85(5):1337–1343.Google Scholar
- (2014) Let the market decide: An experimental study of competition and fairness. CESifo Working Paper 4831, Center for Economic Studies & Ifo Institute, Ludwig-Maximilians University, Munich.Google Scholar
- (2001) Pricing and matching with frictions. J. Political Econom. 109(5):1060–1085.Crossref, Google Scholar
- (2015) Consumers’ reaction to fair trade motivated price increases. J. Retailing Consumer Services 24:79–84.Crossref, Google Scholar
- (1999) Perceptions of price unfairness: Antecedents and consequences. J. Marketing Res. 36(2):187–199.Crossref, Google Scholar
- (2007) A market with frictions in the matching process: An experimental study. Internat. Econom. Rev. 48(2):665–691.Crossref, Google Scholar
- (2011) Can real-effort investments inhibit the convergence of experimental markets? Internat. J. Indust. Organ. 29:97–103.Crossref, Google Scholar
- (1994) The use and perceived fairness of price-setting rules in the bulk electricity market. J. Econom. Psych. 15:427–448.Crossref, Google Scholar
- (2008) Forecasting risk attitudes: An experimental study of actual and forecast risk attitudes of women and men. J. Econom. Behav. Organ. 68(1):1–17.Crossref, Google Scholar
- (1993) Does fairness prevent market clearing? An experimental investigation. Quart. J. Econom. 108(2):437–459.Crossref, Google Scholar
- (2005) Critical values for the robust rank-order test. Comm. Statist. – Simulation Comput. 34(3):525–547.Crossref, Google Scholar
- (2007) z-Tree: Zurich toolbox for ready–made economic experiments. Experiment. Econom. 10(2):171–178.Crossref, Google Scholar
- (1995) Fairness: Effect on temporary and equilibrium prices in posted–offer markets. Econom. J. 105(431):938–950.Google Scholar
- (2017) Information and coordination frictions in experimental posted offer markets. J. Econom. Theory 167:53–74.Crossref, Google Scholar
- (1991a) A laboratory market examination of the consumer price response to information about producers’ costs and profits. Accounting Rev. 66(4):694–717.Google Scholar
- (1991b) Fairness in markets. J. Econom. Psych. 12:447–464.Crossref, Google Scholar
- (1986) Fairness as a constraint on profit seeking: Entitlements in the market. Amer. Econom. Rev. 76(4):728–741.Google Scholar
- (2016) Directed search with heterogeneous firms: An experimental study. Experiment. Econom. 19(1):51–66.Crossref, Google Scholar
- (2009) Price rigidity in an experimental market. Korth C, ed. Fairness in Bargaining and Markets, Lecture Notes in Economics and Mathematical Systems, Vol. 627 (Springer, Berlin), 139–167.Crossref, Google Scholar
- (2011) Information and prices with capacity constraints. Amer. Econom. Rev. 101(4):1591–1600.Crossref, Google Scholar
- (2014) Gambit: Software tools for game theory. Version 13.1.2, http://www.gambit-project.org.Google Scholar
- (1995) Are fairness constraints on profit–seeking important? J. Econom. Psych. 16:73–96.Crossref, Google Scholar
- (2004) Price rigidity in customer markets. J. Econom. Behav. Organ. 55:575–593.Crossref, Google Scholar
- (1995) Bargaining experiments. Kagel JH, Roth AE, eds. Handbook of Experimental Economics (Princeton University Press, Princeton, NJ), 253–348.Crossref, Google Scholar
- (2000) Some factors affecting demand withholding in posted-offer markets. Econom. Theory 16:529–522.Google Scholar
- (1977) Bargains and ripoffs: A model of monopolistically competitive price dispersion. Rev. Econom. Studies 44(3):493–510.Crossref, Google Scholar
- (1997) Domain specificity of fairness judgments in economic transactions. J. Econom. Psych. 18:579–604.Crossref, Google Scholar
- (1988) Nonparametric Statistics for the Behavioral Sciences (McGraw–Hill, New York).Google Scholar
- (1985) Mental accounting and consumer choice. Marketing Sci. 4(3):199–214.Link, Google Scholar
- (2015) From bottom line to consumers’ mind: The framing effects of accounting information. Accounting, Organ. Soc. 43:56–66.Crossref, Google Scholar
- (2005) To buy or not to buy? An experimental study of consumer boycotts in retail markets. Economica 72:1–16.Crossref, Google Scholar
- (1980) A model of sales. Amer. Econom. Rev. 70(4):651–659.Google Scholar
- (2004) The price is unfair! A conceptual framework of price fairness perceptions. J. Marketing 68(4):1–15.Crossref, Google Scholar

