Kerschbamer, Rudolf; Sutter, Matthias - In: CESifo economic studies : CESifo, a joint initiative of … 63 (2017) 1, pp. 1-23
Many important markets, such as those for health care or repair services, are characterized by pronounced informational asymmetries between buyers and sellers – because the buyer cannot identify the quality of the product that fits her needs best, while the seller can do so by performing a...
