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Price competition and reputation in credence goods markets : experimental evidence
Mimra, Wanda; Rasch, Alexander; Waibel, Christian - 2016
intensity of price competition and the level of customer information about past expert behavior influence an expert’s incentive … to defraud his customers when the expert can build up reputation. We show that the level of fraud is significantly higher … competition. More customer information does not necessarily decrease the level of fraud. …
Persistent link: https://www.econbiz.de/10011793497
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Price competition and reputation in credence goods markets : experimental evidence
Mimra, Wanda; Rasch, Alexander; Waibel, Christian - 2013
intensity of price competition and the level of customer information about past expert behavior influence an expert’s incentive … to defraud his customers when the expert can build up reputation. We show that the level of fraud is significantly higher … competition. More customer information does not necessarily decrease the level of fraud. …
Persistent link: https://www.econbiz.de/10009754802
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Price competition and reputation in credence goods markets: Experimental evidence
Mimra, Wanda; Rasch, Alexander; Waibel, Christian - 2016
intensity of price competition and the level of customer information about past expert behavior influence an expert’s incentive … to defraud his customers when the expert can build up reputation. We show that the level of fraud is significantly higher … competition. More customer information does not necessarily decrease the level of fraud. …
Persistent link: https://www.econbiz.de/10011753240
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The role of diagnostic ability in markets for expert services
Liu, Fang; Rasch, Alexander; Schwarz, Marco; Waibel, … - 2020
theoretically to be effective in mitigating fraudulent expert behavior. We analyze whether this positive result carries over to when …
Persistent link: https://www.econbiz.de/10012220097
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The role of diagnostic ability in markets for expert services
Liu, Fang; Rasch, Alexander; Schwarz, Marco; Waibel, … - 2020
theoretically to be effective in mitigating fraudulent expert behavior. We analyze whether this positive result carries over to a …
Persistent link: https://www.econbiz.de/10012315945
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Price Competition and Reputation in Credence Goods Markets : Experimental Evidence
Mimra, Wanda - 2016
investigate how the intensity of price competition and the level of customer information about past expert behavior infl uence … experts' incentives to defraud their customers when experts can build up reputation. We show that the level of fraud is … inhibits quality competition. More customer information does not necessarily reduce the level of fraud …
Persistent link: https://www.econbiz.de/10013007593
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Second-degree moral hazard in a real-world credence goods market
Balafoutas, Loukas; Kerschbamer, Rudolf; Sutter, Matthias - 2013 - This version: 16 October 2013
economically important and statistically significant positive effect on the likelihood of overcharging, with passengers in that …
Persistent link: https://www.econbiz.de/10010199693
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Second-degree moral hazard in a real-world credence goods market
Balafoutas, Loukas; Kerschbamer, Rudolf; Sutter, Matthias - 2013
economically important and statistically significant positive effect on the likelihood of overcharging, with passengers in that …
Persistent link: https://www.econbiz.de/10010207314
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Second-Degree Moral Hazard in a Real-World Credence Goods Market
Balafoutas, Loukas; Kerschbamer, Rudolf; Sutter, Matthias - 2013 - This version: 16 October 2013
economically important and statistically significant positive effect on the likelihood of overcharging, with passengers in that …
Persistent link: https://www.econbiz.de/10010193289
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Too much or too little? : price-discrimination in a market for credence goods
Dulleck, Uwe; Kerschbamer, Rudolf; Konovalov, Alexander … - 2014
In markets for credence goods sellers are better informed than their customers about the quality that yields the highest surplus from trade. This paper studies second-degree price-discrimination in such markets. It shows that discrimination regards the amount of advice offered to customers and...
Persistent link: https://www.econbiz.de/10010354736