Car Mechanics in the Lab - Investigating the Behavior of Real Experts on Experimental Markets for Credence Goods
We compare the behavior of car mechanics and college students as sellers in experimental credence goods markets. Finding largely similar behavior, we note much more overtreatment by car mechanics, probably due to decision heuristics they learned in their professional training.
Year of publication: |
2009
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Authors: | Beck, Adrian ; Kerschbamer, Rudolf ; Qiu, Jianying ; Sutter, Matthias |
Publisher: |
Innsbruck : University of Innsbruck, Department of Public Finance |
Subject: | Nichtkooperatives Spiel | Kraftfahrzeugtechnische Berufe | Studierende | Asymmetrische Information | Test | Artefactual field experiment | Car mechanics | Credence goods |
Saved in:
freely available
Series: | |
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Type of publication: | Book / Working Paper |
Type of publication (narrower categories): | Working Paper |
Language: | English |
Other identifiers: | 744049601 [GVK] hdl:10419/73491 [Handle] RePEc:inn:wpaper:2009-27 [RePEc] |
Classification: | C91 - Laboratory, Individual Behavior ; D82 - Asymmetric and Private Information ; C72 - Noncooperative Games |
Source: |
Persistent link: https://www.econbiz.de/10010294779