Car mechanics in the lab : investigating the behavior of real experts on experimental markets for credence goods

Adrian Beck; Rudolf Kerschbamer; Jianying Qiu; Matthias Sutter

We compare the behavior of car mechanics and college students as sellers in experimental credence goods markets. Finding largely similar behavior, we note much more overtreatment by car mechanics, probably due to decision heuristics they learned in their professional training. -- artefactual field experiment ; car mechanics ; credence goods

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Year of publication:	2009
Authors:	Beck, Adrian ; Kerschbamer, Rudolf ; Qiu, Jianying ; Sutter, Matthias
Publisher:	Innsbruck : Univ. of Innsbruck, Inst. für Finanzwiss.
Subject:	Nichtkooperatives Spiel \| Noncooperative game \| Fahrzeugtechnische Berufe \| Automobile workers \| Studierende \| Students \| Asymmetrische Information \| Asymmetric information \| Experiment \| Automobilmechaniker \| Vertrauensgut \| Feldexperiment

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Extent:	Online-Ressource (8 S.) graph. Darst.
Series:	Working papers in economics and statistics. - Innsbruck : [Verlag nicht ermittelbar], ISSN 1993-6885, ZDB-ID 2467024-8. - Vol. 2009-27
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Arbeitspapier ; Working Paper ; Graue Literatur ; Non-commercial literature
Language:	English
Other identifiers:	hdl:10419/73491 [Handle]
Classification:	C91 - Laboratory, Individual Behavior ; D82 - Asymmetric and Private Information ; C72 - Noncooperative Games
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10009736636