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The Economics of Credence Goods : On the Role of Liability, Verifiability, Reputation and Competition
Dulleck, Uwe - 2009
inefficiencies, such as under- and overtreatment or market break-down. We study in a large experiment with 936 participants the …
Persistent link: https://www.econbiz.de/10012764586
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Guilt from Promise-Breaking and Trust in Markets for Expert Services : Theory and Experiment
Beck, Adrian - 2010
broken, and guilt is exacerbated by higher interaction prices. An experiment qualitatively confirms our predictions: (1) most …
Persistent link: https://www.econbiz.de/10013146471
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Gathering Information Before Signing a Contract : Experimental Evidence
Hoppe, Eva I. - 2009
report about an experiment with 508 participants designed to test whether this fundamental trade-off is actually relevant. In …
Persistent link: https://www.econbiz.de/10012718247
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Guilt from promise-breaking and trust in markets for expert services : theory and experiment
Beck, Adrian; Kerschbamer, Rudolf; Qiu, Jianying; … - 2010
broken, and guilt is exacerbated by higher interaction prices. An experiment qualitatively confirms our predictions: (1) most …
Persistent link: https://www.econbiz.de/10009736618
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The impact of distributional preferences on (experimental) markets for expert services
Kerschbamer, Rudolf; Sutter, Matthias; Dulleck, Uwe - 2009 - This Version: 14. December 2009
as the main cause and design a parsimonious experiment with exogenous prices that allows classifying experts as either … ; experiment …
Persistent link: https://www.econbiz.de/10009736635
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Car mechanics in the lab : investigating the behavior of real experts on experimental markets for credence goods
Beck, Adrian; Kerschbamer, Rudolf; Qiu, Jianying; … - 2009
learned in their professional training. -- artefactual field experiment ; car mechanics ; credence goods …
Persistent link: https://www.econbiz.de/10009736636
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Job Market Signaling and Screening : An Experimental Comparison
Kübler, Dorothea; Müller, Wieland; Normann, Hans-Theo - 2021
We analyze the Spence education game in experimental markets. We compare a signaling and a screening variant, and we analyze the effect of increasing the number of employers from two to three. In all treatments, there is a strong tendency to separate. More efficient workers invest more often and...
Persistent link: https://www.econbiz.de/10013319227
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The economics of credence goods : on the role of liability, verifiability, reputation and competition
Dulleck, Uwe; Kerschbamer, Rudolf; Sutter, Matthias - 2009
inefficiencies, such as under- and overtreatment or market break-down. We study in a large experiment with 936 participants the … higher efficiency as long as liability is violated. -- Credence goods ; experiment ; liability ; verifiability ; reputation …
Persistent link: https://www.econbiz.de/10003814341
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Diagnostic uncertainty and insurance coverage in credence goods markets
Balafoutas, Loukas; Fornwagner, Helena; Kerschbamer, Rudolf - 2020 - This version: 5 November 2020
framework. We test the model’s predictions in a laboratory experiment. Both in theory and in the experiment diagnostic … net effect on welfare. In the experiment, the net effect of insurance coverage on efficiency turns out to be positive. We …
Persistent link: https://www.econbiz.de/10012310862
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Diagnostic uncertainty and insurance coverage in credence goods markets
Balafoutas, Loukas; Fornwagner, Helena; Kerschbamer, Rudolf - 2020 - This version: 5 November 2020
framework. We test the model's predictions in a laboratory experiment. Both in theory and in the experiment diagnostic … net effect on welfare. In the experiment, the net effect of insurance coverage on efficiency turns out to be positive. We …
Persistent link: https://www.econbiz.de/10012311343