Peer-induced fairness in games
WebPeople exhibit peer-induced fairness concerns when they look to their peers as a reference to evaluate their endowments. We analyze two independent ultimatum games played … WebJul 1, 2024 · The issues of rationality and fairness in channel profit distribution have gradually attracted the attention of channel members. In this paper, considering a manufacturer concerned with distributional fairness and two competitive retailers, where one is a fairness-neutral retailer and the other retailer is concerned with peer-induced …
Peer-induced fairness in games
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Webgame is more beneficial to the supplier because peer-induced fairness concern exacerbates the internal friction of retailers. Keywords Dual fairness concern · Bargaining game · Decision sequence · Dynamic system 1 Introduction The assumption of “Economic Man” in economics holds that everyone who engages in eco- WebThis paper studies the impact of consumers鈥fairness concerns on firms鈥behavior-based pricing strategy, profits, consumer surplus, and social welfare. Prior research shows that BBP often yields lower profits than profits without customer recognition or behavior-based price discrimination.
WebFeb 1, 2024 · In addition, by constructing two game models -the peer fair attention model and the distribution fair attention model, considering the competitive supply chain with fair attention, Jian... WebDec 1, 2009 · Peer-Induced Fairness in Games by Teck-Hua Ho and Xuanming Su. Published in volume 99, issue 5, pages 2024-49 of American Economic Review, …
Webpeer-induced fairness concern, bounded rationality, delay decision, bifurcation and chaos. Mathematics Subject Classification: Primary: 90B50; Secondary: 91A22, 91A23. Citation: … WebNov 16, 2024 · This paper incorporates “consumers’ peer-induced fairness concerns” (CPFC) into pricing decisions in a dyadic supply chain, where dual-channel retailer obtains …
WebA Theory of Peer-induced Fairness in Games Abstract A long-standing assumption in economics is that people are purely self-interested. This assumption has been challenged …
WebApr 8, 2013 · Members of a supply chain often make profit comparisons. A retailer exhibits peer-induced fairness concerns when his own profit is behind that of a peer retailer interacting with the same supplier. In addition, a retailer exhibits distributional fairness concerns when his supplier's share of total profit is disproportionately larger than his own. home life insurance company buildingWebPeople exhibit peer-induced fairness concerns when they look to their peers as a reference to evaluate their endowments. We analyze two independent ultimatum games played … home life insurance company of new yorkhomelife international mortgageWebThis paper tests the existence of peer-induced fairness in ultimatum games. We build on the work of Ho and Su (2009) who developed a model of an ultimatum game with two … home life insurance company of texasWebDec 1, 2009 · Peer-Induced Fairness in Games Ho, Teck-Hua; Su, Xuanming 2009-12-01 00:00:00 People exhibit peer-induced fairness concerns when they look to their peers as a reference to evaluate their endowments. We analyze two independent ultimatum games played sequentially by a leader and two followers. With peer-induced fairness, the second … hindi ch 15 class 6 pdfWebAEA Members, please click the button below to access the login form: Click Here to Login Ho, Teck-Hua and Xuanming Su. 2009. "Peer-Induced Fairness in Games." American Economic Review, 99 (5):2024-49. Show Article Details If you are an AEA member and do not have an AEAweb login, please click here. hindi ch 13 class 8Webgames played sequentially by a leader and two followers. With peer-induced fair-ness, the second follower is averse to receiving less than the flrst follower. Using laboratory … home life in the 1950s