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Related Experiment Video

Updated: May 13, 2026

Using Visual and Narrative Methods to Achieve Fair Process in Clinical Care
14:32

Using Visual and Narrative Methods to Achieve Fair Process in Clinical Care

Published on: February 16, 2011

Does market competition explain fairness?

Peter Descioli1

  • 1Departments of Psychology and Economics, Brandeis University, Waltham, MA 02453, USA. pdescioli@gmail.com

The Behavioral and Brain Sciences
|March 1, 2013
PubMed
Summary
This summary is machine-generated.

Human sociality and fairness judgments are explained by bargaining with outside options, suggesting fairness is linked to market supply and demand dynamics.

Related Experiment Videos

Last Updated: May 13, 2026

Using Visual and Narrative Methods to Achieve Fair Process in Clinical Care
14:32

Using Visual and Narrative Methods to Achieve Fair Process in Clinical Care

Published on: February 16, 2011

Area of Science:

  • Evolutionary economics
  • Behavioral economics
  • Social psychology

Background:

  • Human sociality exhibits complex fairness considerations.
  • Previous models explored bargaining with outside options.

Purpose of the Study:

  • To explain fairness and sociality using a bargaining model.
  • To analyze the relationship between market dynamics and perceived fairness.

Main Methods:

  • Theoretical modeling of bargaining with outside options.
  • Analysis of fairness judgments in competitive markets.

Main Results:

  • Fairness perceptions are theoretically determined by supply and demand.
  • Humans frequently perceive market-determined divisions of surplus as unfair.

Conclusions:

  • The bargaining model provides insights into human sociality and fairness.
  • A discrepancy exists between theoretical market fairness and human perception.