This paper examines the key elements of the quantitative content analysis developed by the scientist Philip Mayring as a method of data evaluation. First, the circular research process is presented to explain the application of this method for scientific interviews in student theses. The content...

This paper examines the key elements of the quantitative content analysis developed by the scientist Philip Mayring as a method of data evaluation. First, the circular research process is presented to explain the application of this method for scientific interviews in student theses. The content...

Consumer needs change over time as a result of the fast-paced advancement in technology and the induction of the Internet, expansion that leads to a difficulty for brands to adapt their marketing promotion strategy and trying to remain innovative and effective at meeting their consumers’...

We use population administrative data from Sweden to study adherence to 63 medication-related guidelines. We compare the adherence of patients without personal access to medical expertise to the adherence of those with access, namely doctors and their close relatives. We estimate that, among...

Nennenswerte Teile des schweren Güterverkehrs auf baden-württembergischen Straßen sind grenzüberschreitend. Gegenstand dieses Workingpapers ist daher eine Diskussion der Schnittstellen zum angrenzenden Ausland (insbesondere Frankreich, Schweiz, Österreich) in Bezug auf Oberleitungs-Lkw und...

Significant shares of the heavy-duty freight transport found on the roads in Baden-Wuerttemberg are transborder transportations. This working paper therefore focuses on a discussion of border crossings to neighboring countries (especially France, Switzerland, and Austria) in relation to catenary...

Die New-Skills-Gespräche des AMS werden im Auftrag der Abt. Arbeitsmarktforschung und Berufsinformation des AMS Österreich vom Österreichischen Institut für Berufsbildungsforschung gemeinsam mit dem Institut für Bildungsforschung der Wirtschaft umgesetzt. ExpertInnen aus Wirtschaft,...

In numerous high stakes markets skilled experts play a key role in facilitating consumer choice of complex products. New artificial intelligence (AI) technologies are increasingly being used to augment expert decisions. We study the role of technology and expertise in the market for health...

Chapter 1 investigates how people's beliefs and investment behavior change in light of social information from their peers and from experts with a large-scale online experiment with participants from the U.S. and the U.K. I find that laypeople’s forecasts are strongly influenced by information...

Credence goods markets with their asymmetric information between buyers and sellers are prone to large inefficiencies. In theory, poorly informed consumers can protect themselves from maltreatment through sellers by asking for second opinions from other sellers. Yet, empirical evidence whether...

We study a credence goods problem - that is, a moral hazard problem with non-contractible outcome - where altruistic experts (the agents) care both about their income and the utility of consumers (the principals). Experts' preferences over income and their consumers' utility are convex, such...

Die New-Skills-Gespräche des AMS werden im Auftrag der Abt. Arbeitsmarktforschung und Berufsinformation des AMS Österreich vom Österreichischen Institut für Berufsbildungsforschung gemeinsam mit dem Institut für Bildungsforschung der Wirtschaft umgesetzt. ExpertInnen aus Wirtschaft,...

Credence goods markets with their asymmetric information between buyers and sellers are prone to large inefficiencies. In theory, poorly informed consumers can protect themselves from maltreatment through sellers by asking for second opinions from other sellers. Yet, empirical evidence whether...

Die hier vorliegende Explorationsstudie untersucht, inwiefern sich die Befunde von der bisher betrachteten Branche der Steuerberatungsunternehmen auf andere wissensintensive Dienstleistungsbranchen (Fähnrich, 1999) übertragen lassen. Zu diesem Zweck wurden Expert*inneninterviews (Helfferich,...

When experts have superior information on their customers' needs and appropriate treatment/repair/advice is a credence good, there are obvious incentives for opportunistic behavior. What compounds this is that experts regularly make treatment recommendations and price offers only after consumers...

Appointing or electing professionals to be public officials is a double-edged sword. Experts can use their rich knowledge to implement reforms, but they can also favor their own profession. In this study, we compare physician-trained state health ministers to ministers of other professions in...

Professional forecasters can rely on an econometric model to create their forecasts. It is usually unknown to what extent they adjust an econometric model-based forecast. In this paper we show, while making just two simple assumptions, that it is possible to estimate the persistence and variance...

Appointing or electing professionals to be public officials is a double-edged sword. Experts can use their rich knowledge to implement reforms, but they can also favor their own profession. In this study, we compare physician-trained state health ministers to ministers of other professions in...

Credence goods markets with their asymmetric information between buyers and sellers are prone to large inefficiencies. In theory, poorly informed consumers can protect themselves from maltreatment through sellers by asking for second opinions from other sellers. Yet, empirical evidence whether...

In credence goods markets, experts have better information about the appropriate quality of treatment than their customers. Experts may exploit their informational advantage by defrauding customers. Market institutions have been shown theoretically to be effective in mitigating fraudulent expert...

Credence goods markets with their asymmetric information between buyers and sellers are prone to large inefficiencies. In theory, poorly informed consumers can protect themselves from maltreatment through sellers by asking for second opinions from other sellers. Yet, empirical evidence whether...

Operational risk management remains a major concern for financial institutions. Indeed, institutions are bound to manage their own funds to hedge this risk. In this paper, we propose an approach to allocate one's own funds based on a combination of historical data and expert opinion using the...

"Economists occupy leading positions in many different sectors including central and private banks, multinational corporations, the state and the media, as well as serving as policy consultants on everything from health to the environment and security. Power and Influence of Economists explores...

An agent searches sequentially for advice from multiple experts concerning the payoff of taking an operation. After incurring a positive search cost, the agent can consult an expert, whose interest is partially aligned with him. There are infinitely many experts, each has access to an...

Chapter 1: Introduction -- Chapter 2: Free trade or trade wins: retrospective worldview -- Chapter 3: Free trade or trade wars: controversies, political interests and narratives -- Chapter 4: Globalization and international trade in the eyes of the polish society -- Chapter 5: Academic expert...