Procedural and Distributive Fairness: Determinants of Overall Price Fairness

The present research isolates the fairness assessment of the process used by the retailer to set a price, as well as the distributive fairness of the price compared to the price that others are offered, and examines the combined effect of procedural fairness and distributive fairness on overall pric...

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Bibliographic Details
Published in:Journal of business ethics
Authors: Ferguson, Jodie L. (Author) ; Ellen, Pam Scholder (Author) ; Bearden, William O. (Author)
Format: Electronic Article
Language:English
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Published: Springer Science + Business Media B. V 2014
In: Journal of business ethics
Further subjects:B Negative word-of-mouth
B Procedural Fairness
B price fairness
B Distributive fairness
B Suspicion
B Pricing
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Summary:The present research isolates the fairness assessment of the process used by the retailer to set a price, as well as the distributive fairness of the price compared to the price that others are offered, and examines the combined effect of procedural fairness and distributive fairness on overall price fairness. Two experimental studies examine procedural and distributive fairness effects on overall price fairness. In study 1, procedural fairness and distributive fairness are manipulated and found to interact to bring about overall price fairness. In study 2, suspicion toward the seller is found to mediate the relationship between procedural fairness and overall price fairness when the price is disadvantageous.
ISSN:1573-0697
Contains:Enthalten in: Journal of business ethics
Persistent identifiers:DOI: 10.1007/s10551-013-1694-2