Showing 1 - 10 of 2,250
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 …
Persistent link: https://www.econbiz.de/10003944278
We experimentally examine the impact of tax evasion attempts on the performance of credence goods markets, where contractual incompleteness results from asymmetric information on the welfare maximizing quality of the good. Our results suggest that tax evasion attempts - independently of whether...
Persistent link: https://www.econbiz.de/10010529409
. In theory, poorly informed consumers can protect themselves from maltreatment through sellers by asking for second …
Persistent link: https://www.econbiz.de/10012236955
We develop a theory of the market for individual reputation, an indicator of regard by one’s peers and others. The … reputation? Using evidence for academic economists, we find that, conditional on its impact, the quantity of output has no or …
Persistent link: https://www.econbiz.de/10003925253
affects experts/non-experts in relevant areas; and (3) has substantially different impacts on economists with different … economists in 19 countries, we examine the effect of ideological bias on views among economists. Participants were asked to … evaluate statements from prominent economists on different topics, while source attribution for each statement was randomized …
Persistent link: https://www.econbiz.de/10012133338
Entrepreneurship is usually identified as an important determinant of aggregate productivity and long-term growth. The determinants of entrepreneurship, nevertheless, are not entirely understood. A recent literature has linked entrepreneurship to the development of the justice system. This paper...
Persistent link: https://www.econbiz.de/10009315472
Communities across the United States are reconsidering the public safety benefits of prosecuting nonviolent misdemeanor offenses. So far there has been little empirical evidence to inform policy in this area. In this paper we report the first estimates of the causal effects of misdemeanor...
Persistent link: https://www.econbiz.de/10012493796
Although there exists a large literature analyzing whether an individual's peers have an impact on that individual's own behavior and subsequent outcomes, there is paucity of research on whether peers influence a person's decisions and judgments regarding a third party. We investigate whether...
Persistent link: https://www.econbiz.de/10012373109
Climate change has stimulated growing interest in the influence of temperature on cognition, mood and decision making. This paper is the first investigation of the impact of temperature on the outcomes of criminal court cases. It is motivated by Heyes and Saberian (2019, AEJ: Applied Economics),...
Persistent link: https://www.econbiz.de/10012179342
Using the universe of individual asylum cases in the United States from 2000-2004 and a difference-in-differences research design, we test whether Sept. 11, 2001 decreased the likelihood that applicants from Muslim-majority countries were granted asylum. Our estimates suggest that the attacks...
Persistent link: https://www.econbiz.de/10012118990