Showing 1 - 10 of 99,271
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 … and customers are prone to fraudulent behavior of sellers and resulting market inefficiencies. We present the first model …
Persistent link: https://www.econbiz.de/10012312079
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 … and customers are prone to fraudulent behavior of sellers and resulting market inefficiencies. We present the first model …
Persistent link: https://www.econbiz.de/10012313962
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 … and customers are prone to fraudulent behavior of sellers and resulting market inefficiencies. We present the first model …
Persistent link: https://www.econbiz.de/10012310862
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 … and customers are prone to fraudulent behavior of sellers and resulting market inefficiencies. We present the first model …
Persistent link: https://www.econbiz.de/10012311343
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 … and customers are prone to fraudulent behavior of sellers and resulting market inefficiencies. We present the first model …
Persistent link: https://www.econbiz.de/10012320638
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 … and customers are prone to fraudulent behavior of sellers and resulting market inefficiencies. We present the first model …
Persistent link: https://www.econbiz.de/10012425587
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 … and customers are prone to fraudulent behavior of sellers and resulting market inefficiencies. We present the first model …
Persistent link: https://www.econbiz.de/10012434967
such markets, insurance on the customer side, interacts with the degree of diagnostic uncertainty. We present a model that … analyzes the effects of both diagnostic uncertainty and insurance in a unified framework and we test the model's predictions in … lab experiments. Both in theory and in the experiment diagnostic uncertainty increases the rate of incorrect service …
Persistent link: https://www.econbiz.de/10012237208
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 … and customers are prone to fraudulent behavior of sellers and resulting market inefficiencies. We present the first model …
Persistent link: https://www.econbiz.de/10012609030
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