Does Fairness Prevent Market Clearing? An Experimental Investigation

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1 May 1993

journal article
Published by Oxford University Press (OUP) in The Quarterly Journal of Economics

Vol. 108 (2) , 437-459
https://doi.org/10.2307/2118338

Abstract

This paper reports the results of an experiment that was designed to test the impact of fairness on market prices. Prices were determined in a one-si

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