Indicators of trust, confidence, optimism or sentiment among consumers and/or investors, are published continuously in …

goods markets. In credence goods markets, where consumers do not know which quality of the good or service they need, price … to the most profitable market segment only. Less profitable consumers are induced to demand a treatment without a serious … diagnosis. If consumers differ in the probabilities of needing different treatments some consumers are potentially overtreated …

which patient consumers use high effort and buy a profit-making insurance contract with high coverage, whereas impatient … consumers use low effort and buy a contract with low coverage or even remain uninsured. This finding may help to explain why …