Radic, Dubravko - In: Journal of Revenue and Pricing Management 23 (2023) 2, pp. 96-102
Prices have a leverage effect on firm profits. Prices, however, have also an impact on customer's perceived price fairness and thus indirectly on firm's bottom line. A growing body of literature shows this. Papers on the level of the fair price, however, are rather scarce. Based on different...