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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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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
Credence goods markets with their asymmetric information between buyers and sellers are prone to large inefficiencies. In theory, poorly informed consumers can protect themselves from maltreatment through sellers by asking for second opinions from other sellers. Yet, empirical evidence whether...
Persistent link: https://www.econbiz.de/10012224509
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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
Credence goods markets with their asymmetric information between buyers and sellers are prone to large inefficiencies. In theory, poorly informed consumers can protect themselves from maltreatment through sellers by asking for second opinions from other sellers. Yet, empirical evidence whether...
Persistent link: https://www.econbiz.de/10012220084
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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
Credence goods markets with their asymmetric information between buyers and sellers are prone to large inefficiencies. In theory, poorly informed consumers can protect themselves from maltreatment through sellers by asking for second opinions from other sellers. Yet, empirical evidence whether...
Persistent link: https://www.econbiz.de/10012236955
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Social norms, political polarization, and vaccination attitudes : evidence from a survey experiment in Turkey
Kaba, Mustafa; Koyuncu, Murat; Schneider, Sebastian O.; … - 2023
This paper examines the role of social norms and political polarization in shaping vaccination attitudes and behaviors in the context of the Covid-19 pandemic. Using a largescale representative survey experiment in Turkey, we first show that political affiliation is a strong predictor of...
Persistent link: https://www.econbiz.de/10014312243
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Gossip and the efficiency of interactions
Fehr, Dietmar; Sutter, Matthias - 2016
experiment whether gossip affects the efficiency of human interactions. We let subjects play a trust game. Third parties observe … possibility of gossip is highly efficiency-increasing compared to a situation without any gossip. In two further control … treatments, we show that the mere fact of being observed by third parties cannot explain the efficiency-increasing effect of …
Persistent link: https://www.econbiz.de/10011420430
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Gossip and the efficiency of interactions
Fehr, Dietmar; Sutter, Matthias - 2016
experiment whether gossip affects the efficiency of human interactions. We let subjects play a trust game. Third parties observe … possibility of gossip is highly efficiency-increasing compared to a situation without any gossip. In two further control … treatments, we show that the mere fact of being observed by third parties cannot explain the efficiency-increasing effect of …
Persistent link: https://www.econbiz.de/10011452089
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Equality, Equity and Incentives: An Experiment
Balafoutas, Loukas; Kocher, Martin G.; Putterman, Louis; … - 2010
We devise a new experimental game by nesting a voluntary contributions mechanism in a broader spectrum of incentive schemes. With it, we study tensions between egalitarianism, equity concerns, self-interest, and the need for incentives. In a 2x2 design, subjects either vote on or exogenously...
Persistent link: https://www.econbiz.de/10010294801
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Security of property as a public good: Institutions, socio-political environment and experimental behavior in five countries
Campos-Ortiz, Francisco; Putterman, Louis; Ahn, T. K.; … - 2012
We study experimentally the protection of property in five widely distinct countries - Austria, Mexico, Mongolia, South Korea and the United States. Our main results are the correlations between experimental choices with indicators regarding the security of property, trust and the quality of...
Persistent link: https://www.econbiz.de/10010322614
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Trust and communication in a property rights dilemma
Ahn, T. K.; Balafoutas, Loukas; Batsaikhan, Mongoljin; … - 2016
theft and most groups achieve much greater efficiency in the presence of communication. Ease of identifying who has engaged …
Persistent link: https://www.econbiz.de/10011669324