Narrow search
Showing 1 - 10 of 111
Cover Image
International coordination of quality standards and vertical product differentiation
Lutz, Stefan Heinz Hermann - 2003
Persistent link: https://www.econbiz.de/10013428574
Cover Image
The essential ranking of decision rules in small panels of experts
Karotkin, Drora; Nitsan, Shemuʾel; Paroush, Jacob - 1988
Persistent link: https://www.econbiz.de/10000783966
Cover Image
Why do people pay for useless advice?
Powdthavee, Nattavudh; Riyanto, Yohanes Eko - 2012
Persistent link: https://www.econbiz.de/10009554805
Cover Image
Over-caution of large committees of experts
Midjord, Rune; Rodríguez Barraquer, Tomás; Valasek, Justin - 2013
We provide an explanation for why committees may behave over-cautiously. A committee of experts makes a decision on a … evidence and the best practices of the experts' common discipline, which is only indirectly related to the true state of the … dieser Innovation durch jeden Experten erfolgt auf der Grundlage dessen, was in der gemeinsamen Disziplin als allgemein …
Persistent link: https://www.econbiz.de/10010195361
Cover Image
Credence goods, costly diagnosis, and subjective evaluation
Bester, Helmut; Dahm, Matthias - 2014
We study contracting between a consumer and an expert. The expert can invest in diagnosis to obtain a noisy signal about whether a low-cost service is sufficient or whether a high-cost treatment is required to solve the consumerś problem. This involves moral hazard because diagnosis effort and...
Persistent link: https://www.econbiz.de/10010429934
Cover Image
First impressions matter : signalling as a source of policy dynamics
Hansen, Stephen; McMahon, Michael - 2011
Persistent link: https://www.econbiz.de/10009298215
Cover Image
Can a bonus overcome moral hazard? : an experiment on voluntary payments, competition, and reputation in markets for expert services
Angelova, Vera; Regner, Tobias - 2017
Interactions between players with private information and opposed interests are often prone to bad advice and inefficient outcomes, e.g. markets for financial or health care services. In a deception game we investigate experimentally which factors could improve advice quality. Besides advisor...
Persistent link: https://www.econbiz.de/10011697162
Cover Image
In vi(vi)no veritas? : expertise, review accuracy and reputation inflation
Janßen, Rebecca; Ribar, Matthew K. - 2024
Review systems including quantitative measures as well as text-based expression of experiences are omnipresent in today’s digital platform economy. This paper studies the existence of reputation inflation, i.e. unjustified increases in ratings, with a special focus of heterogeneity between...
Persistent link: https://www.econbiz.de/10014473251
Cover Image
Algorithmic advice as a credence good
Biermann, Jan; Horton, John J.; Walter, Johannes - 2022
of the public debate concerning algorithms - especially the associated regulation of new technologies - rests on the …
Persistent link: https://www.econbiz.de/10013499021
Cover Image
Enabling net-zero shipping : an expert review-based agenda for emerging techno-economic and policy research
Govindan, Kannan; Dua, Rubal; Anwar, AHM Mehbub; … - 2024
Persistent link: https://www.econbiz.de/10015077735