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Returns to education in West Germany : an empirical assessment
Lauer, Charlotte; Steiner, Viktor - 2000
This paper analyses the developments in the returns to education in West Germany for the period from 1984 to 1997 …
Persistent link: https://www.econbiz.de/10013428292
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Private Erträge von Bildungsinvestitionen in Deutschland
Steiner, Viktor - 2000
Deutschland geschätzten Bildungsrenditen mit den für die anderen Mitgliedstaaten der Europäischen Union berechneten …
Persistent link: https://www.econbiz.de/10013428322
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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
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Why do people pay for useless advice?
Powdthavee, Nattavudh; Riyanto, Yohanes Eko - 2012
Persistent link: https://www.econbiz.de/10009554805
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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
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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
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First impressions matter : signalling as a source of policy dynamics
Hansen, Stephen; McMahon, Michael - 2011
Persistent link: https://www.econbiz.de/10009298215
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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
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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