Showing 1 - 10 of 16
In an in influential study, Mas and Moretti (2009) found that worker effort is positively related to the productivity of workers who see him, but not workers who do not see him. They interpret this as evidence that social pressure can reduce free riding. In this paper we report an attempt to...
Persistent link: https://www.econbiz.de/10010352470
Markets for credence goods are classified by experts alone being able to identify consumers' problems and determine appropriate services for solution. Examining a market where experts have to invest in costly diagnosis to correctly identify problems and consumers being able to visit multiple...
Persistent link: https://www.econbiz.de/10011625624
Markets for expert services are characterized by information asymmetries between experts and consumers. We analyze the effects of consumer information, where consumers suffer from either a minor or serious problem and only experts can infer the appropriate treatment. Consumer information is a...
Persistent link: https://www.econbiz.de/10011497142
In an influential study, Mas and Moretti (2009) find that "worker effort is positively related to the productivity of workers who see him, but not workers who do not see him". They interpret this as evidence that social pressure can reduce free riding. In this paper we report an attempt to...
Persistent link: https://www.econbiz.de/10010377226
In an experiment on moral cleansing with an endogenously manipulated moral self-image, we examine the relevance of the addressee of an immoral action. The treatments differ such that cheating on a die roll reduces either the experimenter´s or another subject´s payoff. We find that cheating is...
Persistent link: https://www.econbiz.de/10010487922
Moral hazard in expert diagnoses is more complicated in credence goods markets because ex-post verification of service optimality is usually not possible. We provide an experimental framework to investigate expert and consumer behavior as well as market efficiency in a setting in which experts...
Persistent link: https://www.econbiz.de/10011730705
This paper reports the results of a lab experiment designed to study the role of observability for peer effects in the setting of a simple production task. In our experiment, participants in the role of workers engage in a team real-effort task. We vary whether they can observe, or be observed...
Persistent link: https://www.econbiz.de/10011806549
In an influential study, Mas and Moretti (2009) find that "worker effort is positively related to the productivity of workers who see him, but not workers who do not see him". They interpret this as evidence that social pressure can reduce free riding. In this paper we report an attempt to...
Persistent link: https://www.econbiz.de/10010348415
In an in influential study, Mas and Moretti (2009) found that "worker effort is positively related to the productivity of workers who see him, but not workers who do not see him." They interpret this as evidence that social pressure can reduce free riding. In this paper we report an attempt to...
Persistent link: https://www.econbiz.de/10010348740
In an experiment on moral cleansing with an endogenously manipulated moral self-image, we examine the relevance of the addressee of an immoral action. The treatments differ such that cheating on a die roll reduces either the experimenterś or another subjectś payoff. We find that cheating is...
Persistent link: https://www.econbiz.de/10010490151