Temporal Fairness in Learning and Earning: Price Protection Guarantee and Phase Transitions

Personalized prices affect fairness concerns, and firms have incentive to invest in technology that obfuscates prices and mitigates consumers’ fairness concerns.

Firms are increasingly using technology to enable targeted, or “personalized,” pricing strategies. In settings where prices are transparent to all consumers, however, there is the potential for interpersonal price differences to be perceived as inherently ...

In the context of fair division, the concept of price of fairness has been introduced to quantify the loss of welfare when we have to satisfy some fairness condition. In other words, it is the price we have to pay to guarantee fairness. Various ...

We investigate the efficiency of fair allocations of indivisible goods using the well-studied price of fairness concept. Previous work has focused on classical fairness notions such as envy-freeness, proportionality, and equitability. However, ...