Search Results - subject_exact:"Credence goods"

Directional AI advice : experimental evidence from healthcare

Chen, Yuyu; Li, Hongbin; Meng, Lingsheng; Qiu, Xinyao; … - 2026

Persistent link: https://ebvufind01.dmz1.zbw.eu/10016071215

Credence goods in markets with collective reputation : nature of equilibria and the value of certification

Krupka, Erin; Lyon, Thomas P.; Mitra, Arnab - 2026

Fraud can cause markets for credence goods to collapse, but collective reputation has been suggested as a potential solution, especially when buyer valuations for quality are high. We develop a discrete model of a market for label credence goods and provide conditions for no-fraud equilibria...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10016098232

Undertreatment in credence goods markets: when does a noliability rule outperform? : liability rule outperform?

Kundu, Sumana - 2025

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015421270

Uncovering sophisticated discrimination with the help of credence goods markups : evidence from a natural field experiment

Hall, Jonathan; Kerschbamer, Rudolf; Neururer, Daniel; … - 2025

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015410284

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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

Book / Working Paper

Expert costs and the role of verifiability

Li, Jianpei; Ouyang, Yaofu; Zhang, Wanzhu - 2024

Persistent link: https://ebvufind01.dmz1.zbw.eu/10014487206

Restoring trust: evidence from the fertiliser market in Tanzania

Michelson, Hope; Magomba, Christopher; Maertens, Annemie - 2026

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015617647

Treatment delay in credence goods markets

Fong, Yuk-Fai; Liu, Ting; Meng, Xiaoxuan; Zhao, Lin - 2024

Persistent link: https://ebvufind01.dmz1.zbw.eu/10014487209

Diagnostic uncertainty and insurance coverage in credence goods markets : an experiment

Balafoutas, Loukas; Fornwagner, Helena; Kerschbamer, Rudolf - 2026

Persistent link: https://ebvufind01.dmz1.zbw.eu/10016073803

Too much or too little? : price discrimination in a market for credence goods

Dulleck, Uwe; Kerschbamer, Rudolf; Konovalov, Alexander … - 2024

Persistent link: https://ebvufind01.dmz1.zbw.eu/10014487220

Credence goods : moral wiggle room and contractual opportunism

Momsen, Katharina; Ohndorf, Markus - 2026

Persistent link: https://ebvufind01.dmz1.zbw.eu/10016073066

Sustainable production choices and price signaling

Obradovits, Martin; Walzl, Markus - 2026 - This version: August 2026

Consumers increasingly care about the environmental and social responsibility of the production processes used by firms, yet these processes often remain unobservable, even after consumption. We develop a simple model in which firms select either a green or a brown production technology before...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10016085420

Searching for treatment

Obradovits, Martin; Plaickner, Philipp - 2024

Persistent link: https://ebvufind01.dmz1.zbw.eu/10014487221

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Searching for treatment

Obradovits, Martin; Plaickner, hilipp - 2020

Book / Working Paper

A labor market for persuaders : theory and evidence from financial advice

Ulrichshofer, Anna; Walzl, Markus - 2024

Persistent link: https://ebvufind01.dmz1.zbw.eu/10014487223

Contesting fake news

Rehsmann, Daniel; Roussillon, Béatrice; Schweinzer, Paul - 2023

We model competition on a credence market governed by an imperfect label, signaling high quality, as a rank-order tournament between firms. In this market interaction, asymmetric firms jointly and competitively control the underlying quality ranking's precision by releasing individual...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10014336462

From cognitive bias to social identity : consumer ethnocentrism and traditional Chinese medicine consumption intentions in China

Wang, Teng; Li, Zhuo; Gong, Zhenxing; Tang, Yan - 2026

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015644721

Who is your doctor and why? : the role of information signaling in physician selection

Ghosh, Soham; Jaikumar, Saravana; Chakraborty, Soumyakanti - 2023

Persistent link: https://ebvufind01.dmz1.zbw.eu/10014387896

Payment systems, supplier-induced demand, and service quality in credence goods : results from a laboratory experiment

Karunadasa, Manela; Sieberg, Katri K.; Jantunen, Toni … - 2023

This experiment examines the relationship between payment systems and the quality and quantity of services provided in credence goods markets. By using a real-effort task to stimulate the decision making of service providers, the study finds that payment systems do indeed have an impact on...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10014426260

Information disclosure in expert's market with diagnostic uncertainty

Zhao, Lin - 2026

Persistent link: https://ebvufind01.dmz1.zbw.eu/10016082724

The value of rating systems in credence goods markets

Angerer, Silvia; Glätzle-Rützler, Daniela; Mimra, Wanda; … - 2025

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015325412

Why Do Firms Buy Advice? Client-Side Drivers of Management Consulting Use in Two Post-Transition Economies

Poór, József; Németh, Gergely; Sanders, Eric J; … - 2026

Persistent link: https://ebvufind01.dmz1.zbw.eu/10016097717

The value of rating systems in credence goods markets

Angerer, Silvia; Glätzle-Rützler, Daniela; Mimra, Wanda; … - 2025

In this paper, we experimentally investigate the effect of public consumer ratings on market outcomes in credence goods markets. Contrary to search or experience goods, consumers cannot evaluate all dimensions of trade for credence goods, which may inhibit the information and reputation-building...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015271366

Hospital reimbursement in the presence of cherry picking and upcoding

Savva, Nicos; Debo, Laurens; Shumsky, Robert A. - 2023

Persistent link: https://ebvufind01.dmz1.zbw.eu/10014435419

Beliefs, credence goods and information campaigns

Colombo, Ferdinando; Ursino, Giovanni - 2025

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015473932

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Beliefs, Credence Goods and Information Campaigns

Colombo, Ferdinando; Ursino, Giovanni - 2021

Book / Working Paper

When consumers lose power : an examination of the stakeholder dynamics in the pharmaceutical industry

Tang, Zhi; Leo, Ezekiel; Hull, Clyde; Fu, Xudong; … - 2023

Persistent link: https://ebvufind01.dmz1.zbw.eu/10014315244

Food fraud : causes, consequences, and deterrence strategies

Giannakas, Kōnstantinos; Yiannaka, Amalia - 2023

Persistent link: https://ebvufind01.dmz1.zbw.eu/10014423499

Handwerk als Vertrauensgut - ein theoretischer Rahmen zur experimentellen Forschung

Meub, Lukas; Reher, Leonie; Erlei, Alexander; Beuchel, … - 2025

Das Handwerk befindet sich in einem tiefgreifenden Prozess der digitalen Transformation, der sowohl Leistungsangebote als auch Marktstrukturen nachhaltig verändert. Diese Entwicklungen erzeugen einen erheblichen Forschungsbedarf für ein "Handwerk der Zukunft". Die vorliegende Studie beschreibt...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015450581

Effect of counterfeits and fake reviews in markets for credence goods

Lei, Yongqin; Ødegaard, Fredrik; Pun, Hubert - 2025

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015406741

Technology choice and price signaling in markets for label credence goods

Obradovits, Martin; Walzl, Markus - 2025

Consumers increasingly value the environmental and social responsibility of the production processes used by firms, yet these processes often remain unobservable, even after consumption. In this paper, we develop a simple model to examine firmsâ€™ technology choices and subsequent price...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015460345

The role of diagnostic ability in markets for expert services

Liu, Fang; Rasch, Alexander; Schwarz, Marco; Waibel, … - 2025

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015583571

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The role of diagnostic ability in markets for expert services

Liu, Fang; Rasch, Alexander; Schwarz, Marco; Waibel, … - 2020

Book / Working Paper

The role of diagnostic ability in markets for expert services

Liu, Fang; Rasch, Alexander; Schwarz, Marco; Waibel, … - 2020

Book / Working Paper

The Role of Diagnostic Ability in Markets for Expert Services

Liu, Fang; Rasch, Alexander; Waibel, Christian; … - 2021

Book / Working Paper

The Role of Diagnostic Ability in Markets for Expert Services

Liu, Fang - 2019

Book / Working Paper

The economics of advice

Emons, Winand; Lenhard, Severin - 2025

Persistent link: https://ebvufind01.dmz1.zbw.eu/10016069622

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The economics of advice

Emons, Winand; Lenhard, Severin - 2023

Book / Working Paper

The economics of advice

Emons, Winand; Lenhard, Severin - 2022 - Version: November 2022

Edition: Version: November 2022

Book / Working Paper

Mandatory social label system as a super-nudge to reduce intention-behaviour gap and increase responsible consumption

Bosco, Luigi - 2022

Persistent link: https://ebvufind01.dmz1.zbw.eu/10013327200

Referral network and consumer trust

Fong, Yuk-Fai; Lau, Tsz-him; Meng, Xiaoxuan; Zhao, Lin - 2025

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015459964

Seller opportunism in credence good markets : the role of market conditions

Momsen, Katharina; Ohndorf, Markus - 2022

We report the results of an experiment to systematically investigate the influence of different settings in credence good markets on opportunism in the sellers' decisions. We find that, as predicted by a cognitive dissonance model, the specific choice of the design features might be less...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10013274264

Mandate or delegate? : the optimal contract for credence goods with the expert's endeavor

Wu, Cheng-Tai; Tsai, Tsung-Sheng - 2025

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015462984

Reputation vs selection effects in markets with informational asymmetries

Alysandratos, Theodore; Geōrganas, Sōtērēs; Sutter, … - 2022

In markets with asymmetric information between sellers and buyers, feedback mechanisms are important to increase market efficiency and reduce the informational disadvantage of buyers. Feedback mechanisms might work because of self-selection of more trustworthy sellers into markets with such...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10013468203

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Reputation vs selection effects in markets with informational asymmetries

Alysandratos, Theodore; Geōrganas, Sōtērēs; Sutter, … - 2022

Book / Working Paper

Reputation vs selection effects in markets with informational asymmetries

Alysandratos, Theodore; Geōrganas, Sōtērēs; Sutter, … - 2022

Book / Working Paper

Shill advertising

Kim, Jeong-yoo; Berg, Nathan - 2025

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015440974

The effect of priming on fraud : evidence from a natural field experiment

Bindra, Parampreet Christopher; Pearce, Graeme - 2022

Persistent link: https://ebvufind01.dmz1.zbw.eu/10013392268

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The effect of priming on fraud: Evidence from a natural field experiment

Bindra, Parampreet Christopher; Pearce, Graeme - 2020

Book / Working Paper

Penetration or skimming pricing for credence products?

Mahenc, Philippe - 2025

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015556759

Algorithmic advice as a credence good

Biermann, Jan; Horton, John J.; Walter, Johannes - 2022

Actors in various settings have been increasingly relying on algorithmic tools to support their decision-making. Much of the public debate concerning algorithms - especially the associated regulation of new technologies - rests on the assumption that humans can assess the quality of algorithms....

Persistent link: https://ebvufind01.dmz1.zbw.eu/10013499021

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Algorithmic Advice as a Credence Good

Biermann, Jan; Horton, John J.; Walter, Johannes - 2023

Book / Working Paper

AI for marketing : the consumer perspective

Cakim, Idil Miriam - 2027 - First edition

"AI for Marketing: The Consumer Perspective examines the human side of AI adoption at a moment when technology is advancing faster than consumer comfort. While millions use AI to search, plan, create, and make decisions, trust remains fragile. This book explains why that gap persists, and what...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015676960

Partial credence goods on review platforms

Gradwohl, Ronen; Jelnov, Artyom - 2024

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015154397

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Partial Credence Goods on Review Platforms

Gradwohl, Ronen; Jelnov, Artyom - 2022

Book / Working Paper

Probabilistically coherent credences despite opacity

List, Christian - 2024

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015154726

Targeted information and sustainable consumption : field evidence

Balafoutas, Loukas; Blanco, Esther; Epperson, Raphael - 2024

Technological progress offers new and promising ways to provide targeted information to consumers and facilitate behavioral change. We conduct a randomized controlled trial with a global supermarket chain and food producer to evaluate the effectiveness of a targeted information intervention that...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015125391

Expert's reputation concern and consumer information

Ogawa, Hiromasa - 2024

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015531750

The objects of credence

Mahtani, Anna - 2024

Persistent link: https://ebvufind01.dmz1.zbw.eu/10014483443

Gender differences in financial advice

Bucher-Koenen, Tabea; Hackethal, Andreas; Koenen, Johannes - 2021

We show that financial advisors recommend more costly products to female clients, based on minutes from about 27,000 real-world advisory meetings and client portfolio data. Funds recommended to women have higher expense ratios controlling for risk, and women less often receive rebates on upfront...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10012433937

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Gender differences in financial advice

Bucher-Koenen, Tabea; Hackethal, Andreas; Koenen, Johannes - 2021

Book / Working Paper

Symposium on credence goods

Emons, Winand; Kerschbamer, Rudolf; Mühlheußer, Gerd - 2024

Persistent link: https://ebvufind01.dmz1.zbw.eu/10014487178

Trust in health care credence goods : experimental evidence on framing and subject pool effects

Angerer, Silvia; Glätzle-Rützler, Daniela; Waibel, … - 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://ebvufind01.dmz1.zbw.eu/10012591151

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