منابع مشابه
The Price of Fairness
In this paper we study resource allocation problems that involve multiple self-interested parties or players, and a central decision maker. We introduce and study the price of fairness, which is the relative system efficiency loss under a “fair” allocation assuming that a fully efficient allocation is one that maximizes the sum of player utilities. We focus on two well accepted, axiomatically j...
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We analyze the profitability of third degree price discrimination under consideration of consumers’ fairness concerns within an experiment and explain the results within a theoretical framework. We find that with an increase in the price differential negative reciprocal reactions by disadvantaged consumers become stronger compared to positive reciprocal reactions by advantaged consumers. Conseq...
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Kidney exchange provides a life-saving alternative to long waiting lists for patients in need of a new kidney. Fielded exchanges typically match under utilitarian or near-utilitarian rules; this approach marginalizes certain classes of patients. In this paper, we focus on improving access to kidneys for highly-sensitized, or hard-tomatch, patients. Toward this end, we formally adapt a recently ...
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In Nash bargaining problem, due to fairness concern of players, instead of maximizing the sum of utilities of all players, an implementable solution should satisfy some axioms or characterizations. Such a solution can result in the so-called price of fairness, because of the reduction in the sum of utilities of all players. An important issue is to quantify the system efficiency loss under axio...
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Price fairness is an important factor that influences online shopper drop-out rate in online shopping. This research attempts to understand the factors that influence online shoppers’ perceived price fairness. Based on the equity theory, we argue that perceived promotion fairness plays an important role in influencing perceived price fairness. We further argue that perceived promotion fairness ...
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ژورنال
عنوان ژورنال: Operations Research
سال: 2011
ISSN: 0030-364X,1526-5463
DOI: 10.1287/opre.1100.0865