Price Fairness versus Pricing Fairness
This research note discusses the distinction between these two concepts of perceptions of fairness, based on the theory of distributive justice and procedural justice, in order to helps understand consumer behavior. With a sample of 250 tourists in French Polynesia and a structural equation model, tourists do not confuse price fairness and pricing fairness. The theoretical implications are that future research should use two distinct scales. For managers, the study suggests that the attention devoted to explaining the fairness of the pricing has more impact on consumer satisfaction than some attempts to explain the price.
|Date of creation:||04 Mar 2012|
|Publication status:||Published in Revenue & Yield Management eJournal, 2012, pp.12. <10.2139/ssrn.2015112>|
|Note:||View the original document on HAL open archive server: https://hal.archives-ouvertes.fr/hal-00694108|
|Contact details of provider:|| Web page: https://hal.archives-ouvertes.fr/|
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- Maxwell, Sarah, 2002. "Rule-based price fairness and its effect on willingness to purchase," Journal of Economic Psychology, Elsevier, vol. 23(2), pages 191-212, April.
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