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Serving consumers in an uncertain world : a credence goods experiment
Balafoutas, Loukas; Fornwagner, Helena; Kerschbamer, Rudolf - 2023 - This version: 3 October 2023
Credence goods markets are prone to fraudulent behavior and market inefficiencies due to informational asymmetries between sellers and customers. We examine experimentally the effects of diagnostic uncertainty and insurance coverage on the information acquisition and provision decisions by...
Persistent link: https://www.econbiz.de/10014391609
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Serving consumers in an uncertain world : a credence goods experiment
Balafoutas, Loukas; Fornwagner, Helena; Kerschbamer, Rudolf - 2023 - This version: 30 September 2023
Credence goods markets are prone to fraudulent behavior and market inefficiencies due to informational asymmetries between sellers and customers. We examine experimentally the effects of diagnostic uncertainty and insurance coverage on the information acquisition and provision decisions by...
Persistent link: https://www.econbiz.de/10014373468
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Serving consumers in an uncertain world : a credence goods experiment
Balafoutas, Loukas; Fornwagner, Helena; Kerschbamer, Rudolf - 2023 - This version: 3 October 2023
Credence goods markets are prone to fraudulent behavior and market inefficiencies due to informational asymmetries between sellers and customers. We examine experimentally the effects of diagnostic uncertainty and insurance coverage on the information acquisition and provision decisions by...
Persistent link: https://www.econbiz.de/10014382489
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The limits of guilt
Balafoutas, Loukas; Fornwagner, Helena - 2016 - This version: 25 April 2016
relationship between expectations and transfers becomes negative. We argue that this non-monotonicity can help explain why the … economic literature on guilt aversion offers conflicting findings on the relationship between expectations and behavior …. Moreover, we examine this relationship at the individual level and establish a typology of subjects depending on how and …
Persistent link: https://www.econbiz.de/10011455212
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Impunity under pressure : on the role of emotions as a commitment device
Balafoutas, Loukas; Jaber-Lopez, Tarek - In: Economics letters 168 (2018), pp. 112-114
Persistent link: https://www.econbiz.de/10012016755
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Strive to be first or avoid being last : an experiment on relative performance incentives
Dutcher, E. Glenn; Balafoutas, Loukas; Lindner, Florian; … - 2015
We utilize a laboratory experiment to compare effort provision under optimal tournament contracts with different …
Persistent link: https://www.econbiz.de/10011337036
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Strive to be first and avoid being last : an experiment on relative performance incentives ; conference paper
Dutcher, E. Glenn; Balafoutas, Loukas; Lindner, Florian; … - 2013
and punishment. We test the model s predictions in a laboratory experiment and find that the combination of reward and …
Persistent link: https://www.econbiz.de/10010340563
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Affirmative action or just discrimination? : a study on the endogenous emergence of quotas
Balafoutas, Loukas; Davis, Brent J.; Sutter, Matthias - 2016 - This version: 16 February 2016
Affirmative action rules are often implemented to promote women on labor markets. Little is known, however, about how and whether such rules emerge endogenously in groups of potentially affected subjects. We experimentally investigate whether subjects vote for affirmative action rules, against,...
Persistent link: https://www.econbiz.de/10011455264
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How uncertainty and ambiguity in tournaments affect gender differences in competitive behavior
Balafoutas, Loukas; Davis, Brent J.; Sutter, Matthias - 2017
uncertainty affects work performance and willingness to compete in the field, it can be studied in a controlled lab experiment. We … present a novel experiment where subjects can compete against each other, but where the number of winners is either uncertain …
Persistent link: https://www.econbiz.de/10011719839
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How uncertainty and ambiguity in tournaments affect gender differences in competitive behavior
Balafoutas, Loukas; Davis, Brent J.; Sutter, Matthias - 2017
uncertainty affects work performance and willingness to compete in the field, it can be studied in a controlled lab experiment. We … present a novel experiment where subjects can compete against each other, but where the number of winners is either uncertain …
Persistent link: https://www.econbiz.de/10011722124