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The Hidden Costs of Tax Evasion - Collaborative Tax Evasion in Markets for Expert Services

Balafoutas, Loukas; Beck, Adrian; Kerschbamer, Rudolf; … - Institut für Finanzwissenschaft, Fakultät für … - 2014

In markets where transactions are governed by contractual incompleteness, revealed intentions to evade taxes may affect market performance. We experimentally examine the impact of tax evasion attempts on the performance of credence goods markets, where contractual incompleteness results from...

Persistent link: https://www.econbiz.de/10010839569

What drives taxi drivers? A field experiment on fraud in a market for credence goods

Balafoutas, Loukas; Beck, Adrian; Kerschbamer, Rudolf; … - Institut für Finanzwissenschaft, Fakultät für … - 2011

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 …

Persistent link: https://www.econbiz.de/10009002199

Optimal prizes in dynamic elimination contests: Theory and experimental evidence

Stracke, Rudi; Höchtl, Wolfgang; Kerschbamer, Rudolf; … - Institut für Finanzwissenschaft, Fakultät für … - 2014

This paper investigates the implications of different prize structures on effort provision in dynamic (two-stage) elimination contests. Theoretical results show that, for risk-neutral participants, a structure with a single prize for the winner of the contest maximizes total effort, while a...

Persistent link: https://www.econbiz.de/10010839574

Fair Division in Unanimity Bargaining with Subjective Claims

Gantner, Anita; Horn, Kristian; Kerschbamer, Rudolf - Institut für Finanzwissenschaft, Fakultät für … - 2013

In an experiment on a subjective claims problem we compare three unanimity bargaining procedures - the Demand, the …

Persistent link: https://www.econbiz.de/10010839584

Heterogeneity in Rent-Seeking Contests with Multiple Stages: Theory and Experimental Evidence

Hörtnagl, Tanja; Kerschbamer, Rudolf; Stracke, Rudi; … - Institut für Finanzwissenschaft, Fakultät für … - 2013

This paper investigates how heterogeneity in contestants' investment costs affects the competition intensity in a dynamic elimination contest. Theory predicts that the absolute level of investment costs has no effect on the competition intensity in homogeneous interactions. Relative cost...

Persistent link: https://www.econbiz.de/10010839600

Fairness and Efficiency in a Subjective Claims Problem

Gantner, Anita; Kerschbamer, Rudolf - Institut für Finanzwissenschaft, Fakultät für … - 2013

In a subjective claims problem several agents have contributed to the production of a cake which is to be divided among them. Since contributions are difficult to compare and the production function is nonlinear, agents'subjective evaluations of claims are likely to be conflicting. In a...

Persistent link: https://www.econbiz.de/10010700900

The good, the bad and the naive: Do fair prices signal good types or do they induce good behaviour?

Dulleck, Uwe; Johnston, David; Kerschbamer, Rudolf; … - Institut für Finanzwissenschaft, Fakultät für … - 2012

Evidence on behavior of experts in credence goods markets raises an important causality issue: Do ”fair prices” induce ”good behavior”, or do ”good experts” post ”fair prices”? To answer this question we propose and test a model with three seller types: ”the good” choose fair...

Persistent link: https://www.econbiz.de/10010617818

The Economics of Credence Goods: On the Role of Liability, Verifiability, Reputation and Competition

Dulleck, Uwe; Kerschbamer, Rudolf; Sutter, Matthias - Institut für Finanzwissenschaft, Fakultät für … - 2009

inefficiencies, such as under- and overtreatment or market break-down. We study in a large experiment with 936 participants the …

Persistent link: https://www.econbiz.de/10005427646

The Impact of Distributional Preferences on (Experimental) Markets for Expert Services

Kerschbamer, Rudolf; Sutter, Matthias; Dulleck, Uwe - Institut für Finanzwissenschaft, Fakultät für … - 2009

as the main cause and design a parsimonious experiment with exogenous prices that allows classifying experts as either …

Persistent link: https://www.econbiz.de/10008556605