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 … selection and fixed effects regressions support the model's predictions and show that causality goes from good experts to fair …

to a consumer first, whereupon the consumer can express her trust by paying an interaction price before the expert’s … provision and charging decisions. We argue that the expert’s promise induces a commitment that triggers guilt if the promise is … experts make the predicted promise; (2) proper promises induce consumer-friendly behavior; and (3) higher interaction prices …

Folklore has it that the comparatively low proportion of self-employed in Germany is in part due to a habit that might …

western Germany from 1980 to 2004 and in eastern Germany from 1992 to 2004. Such a negative trend can be observed for men and … worker (significant in western Germany only). A decomposition analysis shows that differences in union density over time and … between eastern and western Germany to a large degree cannot be explained by differences in the characteristics of employees …

context of Germany where the works council is the analogue of workplace unionism. Using parametric and nonparametric methods …

for social custom effects in the determination of union membership. Using panel data for Germany, we find evidence for …

explain the increase in the unemployment rates of unskilled and elder workers in western Germany. To answer this question we …