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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
between sellers and customers. We examine experimentally the effects of diagnostic uncertainty and insurance coverage on the … diagnostic uncertainty is a major source of inefficiency by decreasing efficient service provision. Insurance coverage has a …
Persistent link: https://www.econbiz.de/10014382489
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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
between sellers and customers. We examine experimentally the effects of diagnostic uncertainty and insurance coverage on the … diagnostic uncertainty is a major source of inefficiency by decreasing efficient service provision. Insurance coverage has a …
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
between sellers and customers. We examine experimentally the effects of diagnostic uncertainty and insurance coverage on the … diagnostic uncertainty is a major source of inefficiency by decreasing efficient service provision. Insurance coverage has a …
Persistent link: https://www.econbiz.de/10014373468
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Information provision and consumer search behavior for products with asymmetric uncertainty
Li, Xiaomei; Liang, Zhengbo; Liu, Yan - In: Journal of management science and engineering 8 (2023) 1, pp. 49-82
When selling multiple products with asymmetric uncertainty, should the seller disclose product information so that … has asymmetric uncertainty regarding the two products. A total of four different information provision structures are … strategy depends on the magnitude of uncertainty in relation to the product with lower uncertainty. Specifically, if the …
Persistent link: https://www.econbiz.de/10014315831
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Uncertainty and reputation effects in credence goods markets
Schniter, Eric; Tracy, J. Dustin; Zíka, Vojtěch - 2021
Persistent link: https://www.econbiz.de/10012651631
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A dynamic monopoly with risk-averse consumers
Martín-Rodríguez, María - In: Information economics and policy : IEP 43 (2018), pp. 61-70
Persistent link: https://www.econbiz.de/10012013116
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Bedarfsspezifizierung bei individuellen Investitionsgütern : Interaktionsprozess zwischen Anbietern und Nachfragern
Stiegenroth, Henning - 2000
Persistent link: https://www.econbiz.de/10001480796
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Strategic design of interactive recommender systems
Spiekermann, Sarah; Christ, Mario - In: Economics and the Internet : proceedings from the Third …, (pp. 43-53). 2000
Persistent link: https://www.econbiz.de/10001691423
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Triple Uncertainties : Credence Goods, Deceptive Counterfeits, and Fake Product Reviews
Lei, Yongqin; Pun, Hubert; Odegaard, Fredrik - 2021
Worried about unwittingly buying counterfeits, online customers often resort to “the wisdom of crowds” (e.g., product reviews) before purchasing. However, unethical sellers may game the review system through buying fake reviews. In this paper, we use a two-period game theoretical model to...
Persistent link: https://www.econbiz.de/10013211204
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Buyer valuation uncertainty and firm information provision strategies
Gu, Jane Z.; Chen, Rachel R. - In: Channel strategies and marketing mix in a connected world, (pp. 47-70). 2020
Persistent link: https://www.econbiz.de/10012146856