Balafoutas, Loukas; Beck, Adrian; Kerschbamer, Rudolf; … - In: Review of Economic Studies 80 (2013) 3, pp. 876-891
Credence goods are characterized by informational asymmetries between sellers and consumers that invite fraudulent behaviour by sellers. This article presents a natural field experiment on taxi rides in Athens, Greece, set up to measure different types of fraud and to examine the influence of...