importance of payoff aspirations influenced by social norms of fairness. A theoretical extension accommodates our experimental …

for pro-competitive purposes and the wider benefit of society in order to achieve a higher standard of fairness in the …

This paper explores value of fairness as a goal of competition law. It contrasts the developments in the US, where non … argument put forward is that a fairness-deprived antitrust policy which focuses solely on narrow interpretations of the concept … market power. At the same time, there is a risk of unpredictability attached to fairness considerations which must be …