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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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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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Diagnostic uncertainty and insurance coverage in credence goods markets
Balafoutas, Loukas; Fornwagner, Helena; Kerschbamer, Rudolf - 2023 - This version: 29 September 2023
is a common problem. Our model studies how four common features shape experts’ provision behavior in credence goods …
Persistent link: https://www.econbiz.de/10014382483
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Diagnostic uncertainty and insurance coverage in credence goods markets
Balafoutas, Loukas; Fornwagner, Helena; Kerschbamer, Rudolf - 2023 - This version: 29 September 2023
is a common problem. Our model studies how four common features shape experts' provision behavior in credence goods …
Persistent link: https://www.econbiz.de/10014391621
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Diagnostic uncertainty and insurance coverage in credence goods markets
Balafoutas, Loukas; Fornwagner, Helena; Kerschbamer, Rudolf - 2023 - This version: 29 September 2023
is a common problem. Our model studies how four common features shape experts' provision behavior in credence goods …
Persistent link: https://www.econbiz.de/10014373451
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Hedging and ambiguity
Oechssler, Joerg; Rau, Hannes; Roomets, Alex - 2016
We run an experiment that gives subjects the opportunity to hedge away ambiguity in an Ellsberg-style experiment …
Persistent link: https://www.econbiz.de/10011616236
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Savage vs. Anscombe-Aumann : an experimental investigation of ambiguity frameworks
Oechssler, Joerg; Roomets, Alex - 2019
former is more flexible, but the latter is often preferred for its simplicity. We conduct an experiment where subjects place …
Persistent link: https://www.econbiz.de/10012112248
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Dissolving an ambiguous partnership
Oechssler, Joerg; Roomets, Alex - 2023
by a draw from an Ellsberg urn. In a within-subject experiment, subjects make decisions in three different bargaining …
Persistent link: https://www.econbiz.de/10014380287
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Imperfect recall and time inconsistencies : an experimental test of the absentminded driver “paradox”
Levati, M. Vittoria; Uhl, Matthias; Zultan, Ro'i - 2010
. -- imperfect recall ; absentmindedness ; dynamic inconsistency ; experiment …
Persistent link: https://www.econbiz.de/10003980493