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Effects of qualification in expert markets with price competition and endogenous verifiability
Schneider, Tim; Bizer, Kilian - 2017
We investigate a market in which experts have a moral hazard problem because they need to invest in costly but … unobservable effort to identify consumer problems. Experts have either high or low qualification and can invest either high or low … effort in their diagnosis. High skilled experts are able to identify problems with some probability even with low effort …
Persistent link: https://www.econbiz.de/10011687778
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Credence goods markets with conscientious and selfish experts
Liu, Ting - In: International economic review 52 (2011) 1, pp. 227-244
Persistent link: https://www.econbiz.de/10008934699
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Essays on bounded rationality and expert services
Dulleck, Uwe - 2000
Persistent link: https://www.econbiz.de/10001526723
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Experts, trust and competition
Gerlach, Heiko A.; Li, Junqian - In: Journal of economic behavior & organization : JEBO 198 (2022), pp. 552-578
Persistent link: https://www.econbiz.de/10013387092
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The village antique mall : a case study
Cooley, John; Owens, James; Terry, Neil - In: Journal of business case studies 10 (2014) 2, pp. 95-101
Persistent link: https://www.econbiz.de/10010362212
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Market design
Agarwal, Nikhil; Budish, Eric B. - In: Handbook of industrial organization : Volume 5, (pp. 1-79). 2021
Persistent link: https://www.econbiz.de/10013549214
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The effect of elevation in competition on markets for credence goods : an investigation on the NYC taxis
Ahmadi, Iman - In: Pricing and competition in markets : analytical and …, (pp. 177-212). 2018
Persistent link: https://www.econbiz.de/10012169592
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Competition at product markets of various types of commodities
Umantsiv, Iurii; Sonko, Yuliіa; Yatsyshyna, Klavdiia - In: Problems and perspectives in management : PPM ; … 17 (2019) 2, pp. 334-347
Persistent link: https://www.econbiz.de/10012122535
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Contesting fake news
Rehsmann, Daniel; Roussillon, Béatrice; Schweinzer, Paul - 2023
We model competition on a credence market governed by an imperfect label, signaling high quality, as a rank-order tournament between firms. In this market interaction, asymmetric firms jointly and competitively control the underlying quality ranking's precision by releasing individual...
Persistent link: https://www.econbiz.de/10014336462
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The Wal-Mart revolution : how big-box stores benefit consumers, workers, and the economy
Vedder, Richard K.; Cox, Wendell - 2006
Persistent link: https://www.econbiz.de/10003389141