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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
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
Persistent link: https://www.econbiz.de/10011969531
Many countries have introduced Energy Performance Certificates to mitigate the information asymmetry with respect to the thermal quality of houses. Drawing on a stylized theoretical model that is coupled with comprehensive data on real estate advertisements in the German housing market, this...
Persistent link: https://www.econbiz.de/10011722645
Der aktuelle Rechtsstreit zwischen Ritter Sport und der Stiftung Warentest beschädigt beide Parteien. Verliert das Testsiegel an Glaubwürdigkeit, wird es für Produzenten qualitativ hochwertiger Waren schwieriger, ihren Reservationspreis durchzusetzen. Das kann langfristig zu einer...
Persistent link: https://www.econbiz.de/10010258349
Insurance markets are characterized by profound market imperfections. Insurance intermediaries reduce transaction costs and information asymmetries. From transaction cost economics, agency theory, and law and economics literature the hypothesis is derived that insurance brokers may provide more...
Persistent link: https://www.econbiz.de/10011540096
erleichtern. In Deutschland plant die Bundesregierung eine Stiftung Datenschutz, die Produkte und Dienstleistungen auf …
Persistent link: https://www.econbiz.de/10009615885
Many countries have introduced Energy Performance Certificates (EPCs) to mitigate information asymmetry problems with respect to the thermal quality of houses. Using data on real estate advertisements that cover large parts of the German housing market, this paper empirically investigates the...
Persistent link: https://www.econbiz.de/10012936000
This study was prepared by Annika B. Bergbauer while she was working at the Ifo Center for the Economics of Education. It was completed in March 2019 and accepted as a doctoral thesis by the Department of Economics at the University of Munich in July 2019. It consists of four self-contained...
Persistent link: https://www.econbiz.de/10012054525
Persistent link: https://www.econbiz.de/10012696121