consumers' beliefs about the credibility of firms' CSR claims, which depend in turn on the (expected) fines for fraud. First, we … likelihood of certification. Second, fraud only arises when the fines for fraud are at intermediate levels and some CSR firms do … not certify their practices. Third, the presence of fraud comes at a cost for firms by inducing lower equilibrium prices …

behavior by sellers. This paper presents the results of a natural field experiment on taxi rides in Athens, Greece, set up to … measure different types of fraud and to examine the influence of passengers’ presumed information and income on the extent of … fraud. Results reveal that taxi drivers cheat passengers in systematic ways: Passengers with inferior information about …

, increased division of labor in research, intense publication pressure, academic fraud, dilution of the concept of “university …

In this paper, we discuss how fraud losses impact the price structure chosen by a monopolistic payment platform, if … merchants can invest in fraud detection technologies. We show that liability rules bias the structure of the prices charged by …. If consumers are liable for fraud, the profit-maximizing price structure is neither biased in favor of consumers nor …

common sanction for this kind of fraud in the USA and in some European countries. …