trustworthy sellers into markets with such mechanisms or because of reputational concerns of sellers. In our field experiment, we … can disentangle self-selection from reputation effects. Based on 476 taxi rides with four different types of taxis, we can … show strong reputation effects on the prices and service quality of drivers, while there is practically no evidence of a …

trustworthy sellers into markets with such mechanisms or because of reputational concerns of sellers. In our field experiment, we … can disentangle self-selection from reputation effects. Based on 476 taxi rides with four different types of taxis, we can … show strong reputation effects on the prices and service quality of drivers, while there is practically no evidence of a …

outcomes, thus ignoring possible repercussions. We present a field experiment in which we consider a phenomenon that we call …

outcomes, thus ignoring possible repercussions. We present a field experiment in which we consider a phenomenon that we call …

outcomes, thus ignoring possible repercussions. We present a field experiment in which we consider a phenomenon that we call …

. In theory, poorly informed consumers can protect themselves from maltreatment through sellers by asking for second … field experiment in the market for computer repairs. We find that revealing a second opinion from another expert to the …

. In theory, poorly informed consumers can protect themselves from maltreatment through sellers by asking for second … field experiment in the market for computer repairs. We find that revealing a second opinion from another expert to the …

. In theory, poorly informed consumers can protect themselves from maltreatment through sellers by asking for second … field experiment in the market for computer repairs. We find that revealing a second opinion from another expert to the …

post -. Trust has to replace own examination and verification. Applying Choquet-Expected Utility theory, a general model of …

higher efficiency as long as liability is violated. -- credence goods ; experiment ; liability ; verifiability ; reputation … inefficiencies, such as under- and overtreatment or market break-down. We study in a large experiment with 936 participants the … determinants for efficiency in credence goods markets. While theory predicts that either liability or verifiability yields …