--- title: "Meaning & Key Takeaway of: Employers who violate rules of fairness…" description: "\"Employers who violate rules of fairness are punished by reduced productivity, and merchants who follow unfair pricing policies can expect to lose sales..." image: "https://sms4smile.com/quotes/i/9b6/daniel-kahneman-431_employers_employers-who-violate-rules-of-fairness_979119.jpg" --- # Employers who violate rules of fairness are punished by… ![“Employers who violate rules of fairness are punished by reduced productivity, and merchants who follow unfair pricing policies can expect to lose sales.” quote by Daniel Kahneman](https://sms4smile.com/quotes/i/9b6/daniel-kahneman-431_employers_employers-who-violate-rules-of-fairness_979119.jpg) [Download](https://sms4smile.com/quotes/i/9b6/daniel-kahneman-431_employers_employers-who-violate-rules-of-fairness_979119.jpg) [Open image](https://sms4smile.com/quotes/i/9b6/daniel-kahneman-431_employers_employers-who-violate-rules-of-fairness_979119.jpg) > “Employers who violate rules of fairness are punished by reduced productivity, and merchants who follow unfair pricing policies can expect to lose sales.” [Daniel Kahneman](https://sms4smile.com/quotes/author/daniel-kahneman/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Unfair workplace practices lower morale and productivity; unfair pricing erodes consumer trust and sales. **In simple terms:** Unfairness hurts work and sales. Key Takeaway Promote fairness to boost performance. Themes fairness productivity ethics economics Mood analytical pragmatic Type business ethical When to use this quote - HR policy design - pricing strategy - team management Key Concepts behavioral economics organizational behavior consumer trust Questions to Reflect On - What incentives can reinforce fair behavior? - How do cultural norms affect perceptions of fairness? A Different Perspective Fairness alone may not solve deeper systemic issues. ★ ★ ★ ★ ★ No ratings yet [Employers](https://sms4smile.com/quotes/about/employers/) [Employers Violate](https://sms4smile.com/quotes/about/employers-violate-1930775/) [Fairness](https://sms4smile.com/quotes/about/fairness/) [Fairness Punished](https://sms4smile.com/quotes/about/fairness-punished-1930773/) [Justice](https://sms4smile.com/quotes/about/justice/) [Lose Sales](https://sms4smile.com/quotes/about/lose-sales-1930776/) [Merchants](https://sms4smile.com/quotes/about/merchants/) [Policy](https://sms4smile.com/quotes/about/policy/) [Pricing](https://sms4smile.com/quotes/about/pricing/) [Productivity](https://sms4smile.com/quotes/about/productivity/) [Reduced Productivity](https://sms4smile.com/quotes/about/reduced-productivity-1930780/) [Unfair](https://sms4smile.com/quotes/about/unfair/) [Unfair Pricing](https://sms4smile.com/quotes/about/unfair-pricing-1930778/) ## Related quotes > [If you make converting a lead into a sale harder than a trip to the local DMV, then you lose sales to someone else…](https://sms4smile.com/quotes/michael-gerber/if-you-make-converting-a-lead-into-a-sale-harder-than-a-trip-to-the/) [Michael Gerber](https://sms4smile.com/quotes/author/michael-gerber/) > [“We would have won, but the other guys gave the deal away.” “The customer selected us technically and thinks we are the better company,…](https://sms4smile.com/quotes/ben-horowitz/we-would-have-won-but-the-other-guys-gave-the-deal-away-the-customer/) [Ben Horowitz](https://sms4smile.com/quotes/author/ben-horowitz/) > [Couture is emotion. Couture is freedom. Couture is not thinking about pricing and not thinking about craziness. You can do whatever you want to…](https://sms4smile.com/quotes/riccardo-tisci/couture-is-emotion-couture-is-freedom-couture-is-not-thinking-about/) [Riccardo Tisci](https://sms4smile.com/quotes/author/riccardo-tisci/) > [But you must remember, my fellow-citizens, that eternal vigilance by the people is the price of liberty, and that you must pay the price…](https://sms4smile.com/quotes/andrew-jackson/but-you-must-remember-my-fellow-citizens-that-eternal-vigilance-by/) [Andrew Jackson](https://sms4smile.com/quotes/author/andrew-jackson/) > [I believe that there should be transparency in pricing, that schools should provide information on what majors translate to what salary outcomes, and that…](https://sms4smile.com/quotes/donald-trump/i-believe-that-there-should-be-transparency-in-pricing-that-schools/) [Donald Trump](https://sms4smile.com/quotes/author/donald-trump/) > [Derivatives serve practically no purpose except to enrich bankers through opaque pricing and to deceive investors through off-the-balance-sheet accounting.](https://sms4smile.com/quotes/james-rickards/derivatives-serve-practically-no-purpose-except-to-enrich-bankers/) [James Rickards](https://sms4smile.com/quotes/author/james-rickards/) > [The disorganisers are those who want to level everything: property, comforts, the price of commodities, the various services rendered to the State... who want…](https://sms4smile.com/quotes/jacques-pierre-brissot/the-disorganisers-are-those-who-want-to-level-everything-property/) [Jacques Pierre Brissot](https://sms4smile.com/quotes/author/jacques-pierre-brissot/) > [Basically, the single-most important decision in evaluating a business is pricing power.](https://sms4smile.com/quotes/warren-buffett/basically-the-single-most-important-decision-in-evaluating-a-business/) [Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/) > [You can't flood the market with every TV show, every reality show, and dump your library into the market all at one time and…](https://sms4smile.com/quotes/bill-mechanic/you-can-t-flood-the-market-with-every-tv-show-every-reality-show-and/) [Bill Mechanic](https://sms4smile.com/quotes/author/bill-mechanic/) > [Marketing is the act of inventing the product. The effort of designing it. The craft of producing it. The art of pricing it. The…](https://sms4smile.com/quotes/seth-godin/marketing-is-the-act-of-inventing-the-product-the-effort-of-designing/) [Seth Godin](https://sms4smile.com/quotes/author/seth-godin/) > [My career in academic research has not been involved with active management of securities. I've tried to understand risk-and-return relationships; also the pricing of…](https://sms4smile.com/quotes/myron-scholes/my-career-in-academic-research-has-not-been-involved-with-active/) [Myron Scholes](https://sms4smile.com/quotes/author/myron-scholes/) > [Connectivity doesn't just mean you get a lot more chances to deliver messages about customer service and pricing plans. This isn't one-sided. It enables…](https://sms4smile.com/quotes/james-murdoch/connectivity-doesn-t-just-mean-you-get-a-lot-more-chances-to-deliver/) [James Murdoch](https://sms4smile.com/quotes/author/james-murdoch/) > [ Skilled shortages in America exist because we are shielding our skilled labor force from world competition. \[Visa quotas\] have been substituted for the wage… ](https://sms4smile.com/quotes/alan-greenspan/skilled-shortages-in-america-exist-because-we-are-shielding-our/) [Alan Greenspan](https://sms4smile.com/quotes/author/alan-greenspan/) > [“No longer were the prices of ordinary mortgage bonds allowed to roam inefficiently, for they were now linked to the CMO market, in much…](https://sms4smile.com/quotes/michael-lewis/no-longer-were-the-prices-of-ordinary-mortgage-bonds-allowed-to-roam/) [Michael Lewis](https://sms4smile.com/quotes/author/michael-lewis/) > [One thing that we have learned is that piracy is not a pricing issue. It’s a service issue,](https://sms4smile.com/quotes/gabe-newell/one-thing-that-we-have-learned-is-that-piracy-is-not-a-pricing-issue/) [Gabe Newell](https://sms4smile.com/quotes/author/gabe-newell/) ## More by Daniel Kahneman > [Economists think about what people ought to do. Psychologists watch what they actually do.](https://sms4smile.com/quotes/daniel-kahneman/economists-think-about-what-people-ought-to-do-psychologists-watch/) [Daniel Kahneman](https://sms4smile.com/quotes/author/daniel-kahneman/) > [“Belief in the Law of Small Numbers.”](https://sms4smile.com/quotes/daniel-kahneman/belief-in-the-law-of-small-numbers/) [Daniel Kahneman](https://sms4smile.com/quotes/author/daniel-kahneman/) > [“People who are poor think like traders, but the dynamics are quite different. Unlike traders, the poor are not indifferent to the differences between…](https://sms4smile.com/quotes/daniel-kahneman/people-who-are-poor-think-like-traders-but-the-dynamics-are-quite/) [Daniel Kahneman](https://sms4smile.com/quotes/author/daniel-kahneman/) > [“Mood evidently affects the operation of System 1: when we are uncomfortable and unhappy, we lose touch with our intuition.”](https://sms4smile.com/quotes/daniel-kahneman/mood-evidently-affects-the-operation-of-system-1-when-we-are/) [Daniel Kahneman](https://sms4smile.com/quotes/author/daniel-kahneman/) > [The confidence that individuals have in their beliefs depends mostly on the quality of the story they can tell about what they see, even…](https://sms4smile.com/quotes/daniel-kahneman/the-confidence-that-individuals-have-in-their-beliefs-depends-mostly/) [Daniel Kahneman](https://sms4smile.com/quotes/author/daniel-kahneman/) > [“So this is my aim for watercooler conversations: improve the ability to identify and understand errors of judgment and choice, in others and eventually…](https://sms4smile.com/quotes/daniel-kahneman/so-this-is-my-aim-for-watercooler-conversations-improve-the-ability/) [Daniel Kahneman](https://sms4smile.com/quotes/author/daniel-kahneman/) > [“For example, I recently came to doubt my long-held impression that adultery is more common among politicians than among physicians or lawyers.”](https://sms4smile.com/quotes/daniel-kahneman/for-example-i-recently-came-to-doubt-my-long-held-impression-that/) [Daniel Kahneman](https://sms4smile.com/quotes/author/daniel-kahneman/) > [Survival prospects are poor for an animal that is not suspicious of novelty.](https://sms4smile.com/quotes/daniel-kahneman/survival-prospects-are-poor-for-an-animal-that-is-not-suspicious-of/) [Daniel Kahneman](https://sms4smile.com/quotes/author/daniel-kahneman/) > [“the idea of money primes individualism: a reluctance to be involved with others, to depend on others, or to accept demands from others.”](https://sms4smile.com/quotes/daniel-kahneman/the-idea-of-money-primes-individualism-a-reluctance-to-be-involved/) [Daniel Kahneman](https://sms4smile.com/quotes/author/daniel-kahneman/) > [Most of the moments of our life - and I calculated, you know, the psychological present is said to be about three seconds long;…](https://sms4smile.com/quotes/daniel-kahneman/most-of-the-moments-of-our-life-and-i-calculated-you-know-the/) [Daniel Kahneman](https://sms4smile.com/quotes/author/daniel-kahneman/) > [“knowing little makes it easier to fit everything you know into a coherent pattern.”](https://sms4smile.com/quotes/daniel-kahneman/knowing-little-makes-it-easier-to-fit-everything-you-know-into-a/) [Daniel Kahneman](https://sms4smile.com/quotes/author/daniel-kahneman/) > [Experts don't know exactly where the boundaries of their expertise are.](https://sms4smile.com/quotes/daniel-kahneman/experts-don-t-know-exactly-where-the-boundaries-of-their-expertise-are/) [Daniel Kahneman](https://sms4smile.com/quotes/author/daniel-kahneman/) > [All of us would be better investors if we just made fewer decisions.](https://sms4smile.com/quotes/daniel-kahneman/all-of-us-would-be-better-investors-if-we-just-made-fewer-decisions/) [Daniel Kahneman](https://sms4smile.com/quotes/author/daniel-kahneman/) > [“The best we can do is a compromise: learn to recognize situations in which mistakes are likely and try harder to avoid significant mistakes…](https://sms4smile.com/quotes/daniel-kahneman/the-best-we-can-do-is-a-compromise-learn-to-recognize-situations-in/) [Daniel Kahneman](https://sms4smile.com/quotes/author/daniel-kahneman/) > [“A happy mood loosens the control of System 2 over performance: when in a good mood, people become more intuitive and more creative but…](https://sms4smile.com/quotes/daniel-kahneman/a-happy-mood-loosens-the-control-of-system-2-over-performance-when-in/) [Daniel Kahneman](https://sms4smile.com/quotes/author/daniel-kahneman/) [Explore all 560 Daniel Kahneman quotes ](https://sms4smile.com/quotes/author/daniel-kahneman/) ## More Employers quotes > [“Poor people do not go on holiday; they go home.”](https://sms4smile.com/quotes/mokokoma-mokhonoana/poor-people-do-not-go-on-holiday-they-go-home/) [Mokokoma Mokhonoana](https://sms4smile.com/quotes/author/mokokoma-mokhonoana/) > [In politics we face the choice between warmongering, nation-state loving, big-business agents on one hand; and risk-blind, top-down, epistemic arrogant big servants of large…](https://sms4smile.com/quotes/nassim-nicholas-taleb/in-politics-we-face-the-choice-between-warmongering-nation-state/) [Nassim Nicholas Taleb](https://sms4smile.com/quotes/author/nassim-nicholas-taleb/) > [“For some employers, there is no more glorious work than work done for free.”](https://sms4smile.com/quotes/tamerlan-kuzgov/for-some-employers-there-is-no-more-glorious-work-than-work-done-for/) [Tamerlan Kuzgov](https://sms4smile.com/quotes/author/tamerlan-kuzgov/) > [With a full century of contrary proof in our possession and despite our demonstrated capacity for cooperative teamwork, some among us seem to accept…](https://sms4smile.com/quotes/dwight-d-eisenhower/with-a-full-century-of-contrary-proof-in-our-possession-and-despite/) [Dwight D. Eisenhower](https://sms4smile.com/quotes/author/dwight-d-eisenhower/) > [Every person needs to take one day away. A day in which one consciously separates the past from the future. Jobs, family, employers, and…](https://sms4smile.com/quotes/maya-angelou/every-person-needs-to-take-one-day-away-a-day-in-which-one/) [Maya Angelou](https://sms4smile.com/quotes/author/maya-angelou/) > [If cheap immigrant labor is made unavailable, employers can hire Americans at a higher wage, or replace low-wage immigrant workers with technology and automation,…](https://sms4smile.com/quotes/jan-c-ting/if-cheap-immigrant-labor-is-made-unavailable-employers-can-hire/) [Jan C. Ting](https://sms4smile.com/quotes/author/jan-c-ting/) > [This bill would allow an employee to bring a claim against an employer decades after the alleged initial act of discrimination occurred. Trial lawyers,…](https://sms4smile.com/quotes/buck-mckeon/this-bill-would-allow-an-employee-to-bring-a-claim-against-an/) [Buck McKeon](https://sms4smile.com/quotes/author/buck-mckeon/) > [During three decades from 1947 to 1977, the nation implemented what might be called a basic bargain with American workers. Employers paid them enough…](https://sms4smile.com/quotes/robert-reich/during-three-decades-from-1947-to-1977-the-nation-implemented-what/) [Robert Reich](https://sms4smile.com/quotes/author/robert-reich/) > [I like to joke that Inhofe is as far left as I'll go for an employer.](https://sms4smile.com/quotes/marc-morano/i-like-to-joke-that-inhofe-is-as-far-left-as-i-ll-go-for-an-employer/) [Marc Morano](https://sms4smile.com/quotes/author/marc-morano/) > [I believe in an America where the rights that I have described are enjoyed by all, regardless of their race or their creed or…](https://sms4smile.com/quotes/john-f-kennedy/i-believe-in-an-america-where-the-rights-that-i-have-described-are/) [John F. Kennedy](https://sms4smile.com/quotes/author/john-f-kennedy/) > [It's all about who gets to work and making sure they're legally present in our country. And to do that nationally E-verify becomes a…](https://sms4smile.com/quotes/janet-napolitano/it-s-all-about-who-gets-to-work-and-making-sure-they-re-legally/) [Janet Napolitano](https://sms4smile.com/quotes/author/janet-napolitano/) > [“Employees go to school for 12 – 18 years merely to impress prospect employers in a 12 – 18 minutes interview.”](https://sms4smile.com/quotes/mokokoma-mokhonoana/employees-go-to-school-for-12-18-years-merely-to-impress-prospect/) [Mokokoma Mokhonoana](https://sms4smile.com/quotes/author/mokokoma-mokhonoana/) > [God is the one great employer, thinker, planner, supervisor.](https://sms4smile.com/quotes/henry-ward-beecher/god-is-the-one-great-employer-thinker-planner-supervisor/) [Henry Ward Beecher](https://sms4smile.com/quotes/author/henry-ward-beecher/) > [Reforming the way the state works with businesses and providing incentives for employers will help preserve and create new jobs in Massachusetts.](https://sms4smile.com/quotes/mitt-romney/reforming-the-way-the-state-works-with-businesses-and-providing/) [Mitt Romney](https://sms4smile.com/quotes/author/mitt-romney/) > [We should abolish 'work.' By that I mean abolishing the distinction between work and leisure, one of the greatest mistakes of the last century,…](https://sms4smile.com/quotes/theodore-zeldin/we-should-abolish-work-by-that-i-mean-abolishing-the-distinction/) [Theodore Zeldin](https://sms4smile.com/quotes/author/theodore-zeldin/) [Browse all 501 Employers quotes ](https://sms4smile.com/quotes/about/employers/) ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Quotation", "text": "Employers who violate rules of fairness are punished by reduced productivity, and merchants who follow unfair pricing policies can expect to lose sales.", "creator": { "@type": "Person", "name": "Daniel Kahneman" }, "isPartOf": { "@id": "https://sms4smile.com/quotes/#website" }, "url": "https://sms4smile.com/quotes/daniel-kahneman/employers-who-violate-rules-of-fairness-are-punished-by-reduced/", "about": { "@type": "Thing", "name": "Employers" }, "@id": "https://sms4smile.com/quotes/daniel-kahneman/employers-who-violate-rules-of-fairness-are-punished-by-reduced/#quotation", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/9b6/daniel-kahneman-431_employers_employers-who-violate-rules-of-fairness_979119.jpg", "contentUrl": "https://sms4smile.com/quotes/i/9b6/daniel-kahneman-431_employers_employers-who-violate-rules-of-fairness_979119.jpg", "url": "https://sms4smile.com/quotes/i/9b6/daniel-kahneman-431_employers_employers-who-violate-rules-of-fairness_979119.jpg", "width": 1080, "height": 1080, "caption": "“Employers who violate rules of fairness are punished by reduced productivity, and merchants who follow…” — Daniel Kahneman", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } }, { "@type": "BreadcrumbList", "itemListElement": [ { "@type": "ListItem", "position": 1, "name": "Home", "item": "https://sms4smile.com/" }, { "@type": "ListItem", "position": 2, "name": "Quotes", "item": "https://sms4smile.com/quotes/" }, { "@type": "ListItem", "position": 3, "name": "Daniel Kahneman", "item": "https://sms4smile.com/quotes/author/daniel-kahneman/" }, { "@type": "ListItem", "position": 4, "name": "Employers who violate rules of fairness...", "item": "https://sms4smile.com/quotes/daniel-kahneman/employers-who-violate-rules-of-fairness-are-punished-by-reduced/" } ], "@id": "https://sms4smile.com/quotes/daniel-kahneman/employers-who-violate-rules-of-fairness-are-punished-by-reduced/#breadcrumb" }, { "@type": "WebSite", "@id": "https://sms4smile.com/quotes/#website", "name": "SMS4Smile Quotes", "url": "https://sms4smile.com/quotes/", "publisher": { "@id": "https://sms4smile.com/quotes/#organization" } }, { "@type": "Organization", "@id": "https://sms4smile.com/quotes/#organization", "name": "SMS4Smile Quotes", "url": "https://sms4smile.com/quotes/", "logo": { "@type": "ImageObject", "url": "https://sms4smile.com/quotes/wp-content/themes/sq/assets/icons/icon-512.png", "width": 512, "height": 512 } } ] } ```