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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/10011288210
as the main cause and design a parsimonious experiment with exogenous prices that allows classifying experts as either …
Persistent link: https://www.econbiz.de/10010269558
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/10010271236
framework. We test the model's predictions in a laboratory experiment. Both in theory and in the experiment diagnostic … net effect on welfare. In the experiment, the net effect of insurance coverage on efficiency turns out to be positive. We …
Persistent link: https://www.econbiz.de/10012322647
experiment. We investigate whether information provision attracts mainly high productivity individuals and reduces competition … decision problem and to update beliefs about success. In the experiment, subjects face the choice between a competition game …
Persistent link: https://www.econbiz.de/10010282257
than weakness. We test and confirm Schelling's conjecture in a simple take-it-or-leave bargaining experiment where the …
Persistent link: https://www.econbiz.de/10010282588
experiment. In the experiment, all subjects go through a series of quiz questions and subsequently report a performance measure …
Persistent link: https://www.econbiz.de/10010286888
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 prices and behave...
Persistent link: https://www.econbiz.de/10010286902
-registered experiment with 1,260 subjects. In the first wave we vary the level of awareness of subjects' past dishonesty and explore the …
Persistent link: https://www.econbiz.de/10012597402
experiment. We investigate whether information provision attracts mainly high productivity individuals and reduces competition … decision problem and to update beliefs about success. In the experiment, subjects face the choice between a competition game …
Persistent link: https://www.econbiz.de/10011279246