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Consumer Information in a Market for Expert Services : Experimental Evidence
Schneider, Tim - 2016
laboratory experiment, we show that consumers are generally reluctant to accept expensive treatment recommendations, which is … being carried out and thus superior overall welfare. In contrast to our theoretical predictions, this effect does not depend …
Persistent link: https://www.econbiz.de/10012987854
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Monitoring institutions in health care markets : experimental evidence
Angerer, Silvia; Glätzle-Rützler, Daniela; Waibel, … - 2020
randomly by a third party. We present a toy model that enables us to derive hypotheses and to test them in a laboratory … experiment. Our results show that introducing endogenous monitoring reduces the level of undertreatment and overcharging. Even …
Persistent link: https://www.econbiz.de/10012314939
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The Good, the Bad and the Naive : Do Fair Prices Signal Good Types or Do They Induce Good Behaviour?
Dulleck, Uwe - 2012
"good behavior", or do "good experts" post "fair prices"? To answer this question we propose and test a model with three … selection and fixed effects regressions support the model's predictions and show that causality goes from good experts to fair …
Persistent link: https://www.econbiz.de/10013107208
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Trust in health care credence goods : Experimental evidence on framing and subject pool effects
Angerer, Silvia - 2021
Credence goods markets are characterized by asymmetric information concerning the needed and/or provided quality between experts and consumers. The functioning of the market heavily relies on trust on the side of the consumer as well as trustworthiness on the side of the expert. However, a great...
Persistent link: https://www.econbiz.de/10013235481
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Insurance in a market for credence goods
Sülzle, Kai; Wambach, Achim - 2002
We study the impact of insurance on the amount of fraud in a physician-patient relationship. In a market for credence goods, where prices are regulated by an authority, physicians act as experts. Due to their informational advantage, physicians have an incentive to cheat by inducing...
Persistent link: https://www.econbiz.de/10011409200
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Status and reputation nudging
Rose, Julia; Kirchler, Michael; Palan, Stefan - 2019
reciprocal behavior of sales personnel in a financial credence goods market, we run a natural field experiment. We send e …
Persistent link: https://www.econbiz.de/10012130122
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Building trust by qualification in a market for expert services
Schneider, Tim; Bizer, Kilian - 2017
experience. In a laboratory experiment we show that, against our theoretical predictions, this does not lead to a drop in experts …
Persistent link: https://www.econbiz.de/10011625427
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Credence goods markets and the informational value of new media : a natural field experiment
Kerschbamer, Rudolf; Neururer, Daniel; Sutter, Matthias - 2019
' reviews on social media platforms in search for trustworthy sellers. We present a natural field experiment that examines the …
Persistent link: https://www.econbiz.de/10011980932
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Credence goods markets and the informational value of new media : a natural field experiment
Kerschbamer, Rudolf; Neururer, Daniel; Sutter, Matthias - 2019
' reviews on social media platforms in search for trustworthy sellers. We present a natural field experiment that examines the …
Persistent link: https://www.econbiz.de/10011985996
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Uncovering sophisticated discrimination with the help of credence goods markups : evidence from a natural field experiment
Hall, Jonathan; Kerschbamer, Rudolf; Neururer, Daniel; … - 2019
We present the results of a pre-registered natural field experiment designed to uncover a sophisticated form of …
Persistent link: https://www.econbiz.de/10012019631