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What drives fraud in a credence goods market : evidence from a field study
Rasch, Alexander; Waibel, Christian - 2013
This paper investigates the impact of four key economic variables on an expert firm’s incentive to defraud its … customers in a credence goods market: the level of competition, the expert firm’s financial situation, its competence, and its …
Persistent link: https://www.econbiz.de/10009754791
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What drives fraud in a credence goods market? : evidence from a field study
Rasch, Alexander; Waibel, Christian - 2015
This paper investigates the impact of four key economic variables on an expert firm's incentive to defraud its … customers in a credence goods market: the level of competition, the expert firm's financial situation, its competence, and its …
Persistent link: https://www.econbiz.de/10010507685
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What drives fraud in a credence goods market? Evidence from a field study
Rasch, Alexander; Waibel, Christian - 2015
This paper investigates the impact of four key economic variables on an expert firm's incentive to defraud its … customers in a credence goods market: the level of competition, the expert firm's financial situation, its competence, and its …
Persistent link: https://www.econbiz.de/10010507127
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What drives fraud in a credence goods market? Evidence from a field study
Rasch, Alexander; Waibel, Christian - CER-ETH Center of Economic Research, Department of … - 2013
This paper investigates the impact of four key economic variables on an expert firm’s incentive to defraud its … customers in a credence goods market: the level of competition, the expert firm’s financial situation, its competence, and its …
Persistent link: https://www.econbiz.de/10010854590
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What drives fraud in a credence goods market? Evidence from a field study
Rasch, Alexander; Waibel, Christian - Düsseldorf Institute for Competition Economics (DICE), … - 2015
This paper investigates the impact of four key economic variables on an expert firm's incentive to defraud its … customers in a credence goods market: the level of competition, the expert firm's financial situation, its competence, and its …
Persistent link: https://www.econbiz.de/10011263009
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What drives fraud in a credence goods market? - Evidence from a field experiment
Rasch, Alexander; Waibel, Christian - Cologne Graduate School in Management, Economics and … - 2012
This paper investigates the impact of four key economic variables on an expert firm's incentive to defraud its … customers in a credence goods market: the level of competition, the expert firm's financial situation, its competence, and its …
Persistent link: https://www.econbiz.de/10010556261
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Trust in health care credence goods : experimental evidence on framing and subject pool effects
Angerer, Silvia; Glätzle-Rützler, Daniela; Waibel, … - 2021
trustworthiness on the side of the expert. However, a great amount of empirical and experimental papers document for a range of … different credence goods markets the existence of over-, undertreatment, and overcharging. In this paper, we study two … neutral frame) as well as the identity of the expert (being either a standard student subject or a prospective physician). Our …
Persistent link: https://www.econbiz.de/10012591151
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The role of diagnostic ability in markets for expert services
Liu, Fang; Rasch, Alexander; Schwarz, Marco; Waibel, … - 2020
theoretically to be effective in mitigating fraudulent expert behavior. We analyze whether this positive result carries over to when …
Persistent link: https://www.econbiz.de/10012220097
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The role of diagnostic ability in markets for expert services
Liu, Fang; Rasch, Alexander; Schwarz, Marco; Waibel, … - 2020
theoretically to be effective in mitigating fraudulent expert behavior. We analyze whether this positive result carries over to a …
Persistent link: https://www.econbiz.de/10012315945
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Credence Goods and Fraudulent Experts
Emons, Winand - 2005
This article is about a market for credence goods. With a credence good, consumers are never sure about the extent of the good they actually need. Therefore, sellers act as experts determining the customers' requirements. This information asymmetry between buyers and sellers obviously creates...
Persistent link: https://www.econbiz.de/10014088494