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Reveal it or conceal it: on the value of second opinions in a low-entry-barriers credence goods market
Bindra, Parampreet Christopher; Kerschbamer, Rudolf; … - 2020
field experiment in the market for computer repairs. We find that revealing a second opinion from another expert to the …
Persistent link: https://www.econbiz.de/10012269649
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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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Guilt from promise-breaking and trust in markets for expert services : theory and experiment
Beck, Adrian; Kerschbamer, Rudolf; Qiu, Jianying; … - 2010
broken, and guilt is exacerbated by higher interaction prices. An experiment qualitatively confirms our predictions: (1) most …
Persistent link: https://www.econbiz.de/10003944278
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Guilt from promise-breaking and trust in markets for expert services : theory and experiment
Beck, Adrian; Kerschbamer, Rudolf; Qiu, Jianying; … - 2010
Persistent link: https://www.econbiz.de/10008658103
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Shaping beliefs in experimental markets for expert services : guilt aversion and the impact of promises and money-burning options
Beck, Adrian; Kerschbamer, Rudolf; Qiu, Jianying; … - In: Games and economic behavior 81 (2013), pp. 145-164
Persistent link: https://www.econbiz.de/10010358098
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On the value of second opinions : a credence goods field experiment
Bindra, Parampreet Christopher; Kerschbamer, Rudolf; … - In: Economics letters 205 (2021), pp. 1-3
Persistent link: https://www.econbiz.de/10013201988
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Guilt from Promise-Breaking and Trust in Markets for Expert Services : Theory and Experiment
Beck, Adrian - 2010
broken, and guilt is exacerbated by higher interaction prices. An experiment qualitatively confirms our predictions: (1) most …
Persistent link: https://www.econbiz.de/10013146471
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Guilt from promise-breaking and trust in markets for expert services : theory and experiment
Beck, Adrian; Kerschbamer, Rudolf; Qiu, Jianying; … - 2010
broken, and guilt is exacerbated by higher interaction prices. An experiment qualitatively confirms our predictions: (1) most …
Persistent link: https://www.econbiz.de/10009736618