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We examine misconduct in credence good markets with price taking experts. We propose a market-level model in which … price-taking experts extract surplus based on the value of their firm's brand and their own skill. We test the predictions … independent experts, despite doing substantially less business. In addition, more experienced experts attract more complaints per …
Persistent link: https://www.econbiz.de/10012460054
We examine misconduct in credence good markets with price taking experts. We propose a market-level model in which … price-taking experts extract surplus based on the value of their firm's brand and their own skill. We test the predictions … independent experts, despite doing substantially less business. In addition, more experienced experts attract more complaints per …
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Wesentliche Voraussetzung für die Aufrechterhaltung der Wettbewerbsfähigkeit von Automobilherstellern und -händlern ist heute mehr denn je eine detaillierte Kenntnis über Einflußgrößen und Bestimmungsgründe des Kaufverhaltens von Automobilkäufern. Während in der Vergangenheit zumeist...
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This study shows how correlated information consumption (CIC) of retail investors relates to comovement in stock market outcomes. We construct clusters of stocks with CIC by employing network analysis on Google co-search data. We predict significant comovement in returns and liquidity of stocks...
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