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Year of publication
Subject
All
Vertrauensgüter 402 Credence goods 389 Theorie 247 Theory 240 Asymmetrische Information 236 Asymmetric information 231 Konsumentenverhalten 169 Consumer behaviour 167 Experten 110 Experts 110 Experiment 100 credence goods 84 Feldforschung 56 Field research 53 Betrug 50 Fraud 47 Produktqualität 38 Product quality 37 Vertrauen 37 Confidence 35 Dienstleistungsqualität 32 Wettbewerb 32 Anreiz 30 Competition 30 Service quality 30 Incentives 28 Moral Hazard 28 Moral hazard 27 Marktmechanismus 26 Agency theory 24 Prinzipal-Agent-Theorie 24 Gesundheitsversorgung 23 Health care 23 Market mechanism 21 Preismanagement 21 Pricing strategy 20 Product labelling 20 Reputation 20 Warenkennzeichnung 20 Credence Goods 19
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Online availability
All
Free 222 Undetermined 86 CC license 2
Type of publication
All
Book / Working Paper 252 Article 154
Type of publication (narrower categories)
All
Working Paper 148 Graue Literatur 140 Non-commercial literature 140 Article in journal 138 Aufsatz in Zeitschrift 138 Arbeitspapier 134 Hochschulschrift 20 Aufsatz im Buch 15 Book section 15 Thesis 11 Aufsatzsammlung 3 Collection of articles written by one author 3 Sammlung 3 Conference paper 2 Konferenzbeitrag 2 Systematic review 2 Übersichtsarbeit 2 Article 1 Bibliografie enthalten 1 Bibliography included 1 Collection of articles of several authors 1 Konferenzschrift 1 Sammelwerk 1
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Language
All
English 385 German 19 French 4 Italian 1
Author
All
Kerschbamer, Rudolf 102 Sutter, Matthias 89 Dulleck, Uwe 41 Balafoutas, Loukas 36 Waibel, Christian 27 Beck, Adrian 25 Neururer, Daniel 17 Rasch, Alexander 17 Fornwagner, Helena 14 Tverdostup, Maryna 13 Mimra, Wanda 12 Qiu, Jianying 11 Emons, Winand 10 Angerer, Silvia 9 Bizer, Kilian 9 Liu, Ting 9 Bester, Helmut 8 Bindra, Parampreet Christopher 8 Schneider, Tim 8 Das, Jishnu 7 Dahm, Matthias 6 Feser, Daniel 5 Holla, Alaka 5 Huck, Steffen 5 Johnston, David 5 Mohpal, Aakash 5 Muralidharan, Karthik 5 Reins, Evert 5 Spitzer, Florian 5 Tyran, Jean-Robert 5 Wambach, Achim 5 Bonroy, Olivier 4 Fong, Yuk-Fai 4 Glätzle-Rützle, Daniela 4 Glätzle-Rützler, Daniela 4 Green, Ellen P. 4 Lanz, Bruno 4 Liu, Fang 4 Lünser, Gabriele 4 Momsen, Katharina 4
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Institution
All
National Bureau of Economic Research 3 Institut für Wirtschaftswissenschaften <Wien> 2 Springer Fachmedien Wiesbaden 2 Christian-Albrechts-Universität zu Kiel 1 Foerder Institute for Economic Research <Tēl-Āvîv> 1 Nomos Verlagsgesellschaft 1 Universität Mannheim 1
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Published in...
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Working papers in economics and statistics 39 Discussion paper series / IZA 11 Journal of economic behavior & organization : JEBO 10 CESifo working papers 9 IZA Discussion Paper 9 Journal of institutional and theoretical economics : JITE 9 Cege discussion paper 6 Discussion papers of the Max Planck Institute for Research on Collective Goods 6 ECONtribute discussion paper 6 Journal of public economics 6 Discussion paper 5 Games and economic behavior 5 International journal of industrial organization 5 Journal of behavioral and experimental economics 5 CESifo Working Paper 4 Discussion paper / Centre for Economic Policy Research 4 Economics letters 4 IZA Discussion Papers 4 The economic journal : the journal of the Royal Economic Society 4 Working Papers in Economics and Statistics 4 Working papers of the Center of Economic Research at ETH Zurich 4 MPI Collective Goods Discussion Paper 3 NBER Working Paper 3 NBER working paper series 3 NCER working paper series 3 SpringerLink / Bücher 3 Working papers / Institut de Recherches Économiques, Université de Neuchâtel 3 Working papers in economics 3 American journal of agricultural economics 2 Annual review of resource economics 2 CESifo Working Paper Series 2 CIE working paper series 2 Discussion papers, economics 2 Diskussionsbeiträge / Volkswirtschaftliches Institut der Universität Bern 2 ESI working papers 2 EUI working paper 2 Economics Working Paper Series 2 Environmental & resource economics : the official journal of the European Association of Environmental and Resource Economists 2 Finanzwirtschaft, Unternehmensbewertung & Revisionswesen 2 IFN Working Paper 2
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Source
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ECONIS (ZBW) 389 EconStor 16 USB Cologne (EcoSocSci) 1
Showing 1 - 50 of 406
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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://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015271366
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Effect of counterfeits and fake reviews in markets for credence goods
Lei, Yongqin; Ødegaard, Fredrik; Pun, Hubert - In: Omega : the international journal of management science 131 (2025), pp. 1-13
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015406741
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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; … - In: Management science : journal of the Institute for … 71 (2025) 1, pp. 694-707
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015410284
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Partial credence goods on review platforms
Gradwohl, Ronen; Jelnov, Artyom - In: Games and economic behavior 148 (2024), pp. 517-534
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015154397
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Probabilistically coherent credences despite opacity
List, Christian - In: Economics and philosophy 40 (2024) 2, pp. 497-506
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015154726
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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://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015125391
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Uncertainty and Reputation Effects in Credence Goods Markets
Tracy, Dustin; Schniter, Eric; Zíka, Vojtěch - 2023
Credence-goods experiments have focused on stylized settings in which experts can perfectly identify the buyer’s best option and that option works without fail. However, in nature, credence goods involve uncertainties that complicate assessing the quality of service and advice. We introduce...
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014346553
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Serving consumers in an uncertain world : a credence goods experiment
Balafoutas, Loukas; Fornwagner, Helena; Kerschbamer, Rudolf - 2023 - This version: 3 October 2023
Credence goods markets are prone to fraudulent behavior and market inefficiencies due to informational asymmetries between sellers and customers. We examine experimentally the effects of diagnostic uncertainty and insurance coverage on the information acquisition and provision decisions by...
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014391609
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Diagnostic uncertainty and insurance coverage in credence goods markets
Balafoutas, Loukas; Fornwagner, Helena; Kerschbamer, Rudolf - 2023 - This version: 29 September 2023
In markets for credence goods - such as health care or repair services - fraudulent behavior by better informed experts is a common problem. Our model studies how four common features shape experts' provision behavior in credence goods markets: (i) diagnostic uncertainty of experts; (ii)...
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014391621
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Payment systems, supplier-induced demand, and service quality in credence goods : results from a laboratory experiment
Karunadasa, Manela; Sieberg, Katri K.; Jantunen, Toni … - In: Games 14 (2023) 3, pp. 1-31
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://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014426260
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Diagnostic uncertainty and insurance coverage in credence goods markets
Balafoutas, Loukas; Fornwagner, Helena; Kerschbamer, Rudolf - 2023 - This version: 29 September 2023
In markets for credence goods – such as health care or repair services – fraudulent behavior by better informed experts is a common problem. Our model studies how four common features shape experts’ provision behavior in credence goods markets: (i) diagnostic uncertainty of experts; (ii)...
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014382483
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Serving consumers in an uncertain world : a credence goods experiment
Balafoutas, Loukas; Fornwagner, Helena; Kerschbamer, Rudolf - 2023 - This version: 3 October 2023
Credence goods markets are prone to fraudulent behavior and market inefficiencies due to informational asymmetries between sellers and customers. We examine experimentally the effects of diagnostic uncertainty and insurance coverage on the information acquisition and provision decisions by...
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014382489
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Cover Image
Diagnostic uncertainty and insurance coverage in credence goods markets
Balafoutas, Loukas; Fornwagner, Helena; Kerschbamer, Rudolf - 2023 - This version: 29 September 2023
In markets for credence goods - such as health care or repair services - fraudulent behavior by better informed experts is a common problem. Our model studies how four common features shape experts' provision behavior in credence goods markets: (i) diagnostic uncertainty of experts; (ii)...
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014373451
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Serving consumers in an uncertain world : a credence goods experiment
Balafoutas, Loukas; Fornwagner, Helena; Kerschbamer, Rudolf - 2023 - This version: 30 September 2023
Credence goods markets are prone to fraudulent behavior and market inefficiencies due to informational asymmetries between sellers and customers. We examine experimentally the effects of diagnostic uncertainty and insurance coverage on the information acquisition and provision decisions by...
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014373468
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Who is your doctor and why? : the role of information signaling in physician selection
Ghosh, Soham; Jaikumar, Saravana; Chakraborty, Soumyakanti - 2023
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014387896
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Algorithmic Advice as a Credence Good
Biermann, Jan; Horton, John J.; Walter, Johannes - 2023
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://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014263022
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Equilibrium Information in Credence Goods
Liu, Ting; Ma, Ching-to Albert - 2023
We study credence goods in a general model. A consumer may suffer a loss which is a continuous random variable. Privately observing the loss value, an expert can provide a repair at a price to eliminate the consumer's loss. All perfect-Bayesian equilibria are inefficient, in that some losses are...
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014263276
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Essays on checks & balances and credence policies
Wagner, Julia - 2023
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014292046
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Face/off : the adverse effects of increased competition
Ahmadi, Iman - In: Quantitative marketing and economics : QME 21 (2023) 2, pp. 183-279
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014333877
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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://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014336462
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Seller Opportunism in Credence Good Markets -- the Role of Market Conditions
Ohndorf, Markus; Momsen, Katharina - 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://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014080034
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Credence Goods, Consumer Feedback and (In)Efficiency
Ayouni, Mehdi; Lanzi, Thomas - 2022
We analyze the effects of consumer feedback on a credence goods market where consumers sequentially visit a monopolistic expert. Each consumer faces a problem which can be either minor or major. The expert performs a diagnosis that may or may not reveal the severity of the problem and provides a...
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014242306
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Mandatory social label system as a super-nudge to reduce intention-behaviour gap and increase responsible consumption
Bosco, Luigi - 2022
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10013327200
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Trust in Health Care Credence Goods : Experimental Evidence on Framing and Subject Pool Effects
Angerer, Silvia; Glätzle-Rützle, Daniela; Waibel, … - 2022
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://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10013312854
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Trust in Health Care Credence Goods : Experimental Evidence on Framing and Subject Pool Effects
Angerer, Silvia; Glätzle-Rützle, Daniela; Waibel, … - 2022
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://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10013312982
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The effect of priming on fraud : evidence from a natural field experiment
Bindra, Parampreet Christopher; Pearce, Graeme - In: Economic inquiry 60 (2022) 4, pp. 1854-1874
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10013392268
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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://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10013448173
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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://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10013450739
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Preventive-Service Fraud in Credence Good
Karni, Edi - 2022
Preventive dental care and automotive service is intended to prevent problems that, if they materialized, would require costly treatment or repair. In these markets fraud is both persistent and pervasive. This paper analyzes these markets invoking the notion of weak perfect Bayesian equilibrium...
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014244403
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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://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10013274264
Saved in:
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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://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10013499021
Saved in:
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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://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10013468203
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Partial Credence Goods on Review Platforms
Gradwohl, Ronen; Jelnov, Artyom - 2022
We study a repeated credence goods market in which experts provide treatment to customers. We assume that the history of transactions is recorded on a biased review platform that contains information only about treatments, and not about non- treatments. We also introduce the notion of a partial...
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014081001
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Championing and shaming in a credence good market : which one to use?
Volle, Alexandre; González, Patrick - In: Journal of economics & management strategy : JEMS 33 (2024) 4, pp. 937-957
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015144376
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Preventive-service fraud in credence good markets
Karni, Edi - In: Economic theory 78 (2024) 2, pp. 593-617
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015185100
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Equilibrium information in credence goods
Liu, Ting; Ma, Ching-to Albert - In: Games and economic behavior 145 (2024), pp. 84-101
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014545415
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The objects of credence
Mahtani, Anna - 2024
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014483443
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Symposium on credence goods
Emons, Winand; Kerschbamer, Rudolf; Mühlheußer, Gerd - In: Journal of institutional and theoretical economics : JITE 180 (2024) 1, pp. 1-16
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014487178
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Expert costs and the role of verifiability
Li, Jianpei; Ouyang, Yaofu; Zhang, Wanzhu - In: Journal of institutional and theoretical economics : JITE 180 (2024) 1, pp. 17-42
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014487206
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Treatment delay in credence goods markets
Fong, Yuk-Fai; Liu, Ting; Meng, Xiaoxuan; Zhao, Lin - In: Journal of institutional and theoretical economics : JITE 180 (2024) 1, pp. 43-73
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014487209
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Second opinions and diagnostic uncertainty in expert markets
Baumann, Florian; Rasch, Alexander - In: Journal of institutional and theoretical economics : JITE 180 (2024) 1, pp. 74-105
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014487210
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Too much or too little? : price discrimination in a market for credence goods
Dulleck, Uwe; Kerschbamer, Rudolf; Konovalov, Alexander … - In: Journal of institutional and theoretical economics : JITE 180 (2024) 1, pp. 106-143
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014487220
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Searching for treatment
Obradovits, Martin; Plaickner, Philipp - In: Journal of institutional and theoretical economics : JITE 180 (2024) 1, pp. 144-186
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014487221
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A labor market for persuaders : theory and evidence from financial advice
Ulrichshofer, Anna; Walzl, Markus - In: Journal of institutional and theoretical economics : JITE 180 (2024) 1, pp. 187-209
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014487223
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Symposium on Credence Goods
2024
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015197655
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Trust in health care credence goods : Experimental evidence on framing and subject pool effects
Angerer, Silvia - 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://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10013235481
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Information Asymmetries in E-Commerce : The Challenge of Credence Qualities
Blickstein Shchory, Noga - 2021
The growth of e-commerce and the increase in online product information—allowing consumers to learn about almost any product with incredible speed—brought with it the great promise of better-informed consumers that can make better purchasing decisions. However, information is not within the...
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10013237743
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Beliefs, Credence Goods and Information Campaigns
Colombo, Ferdinando; Ursino, Giovanni - 2021
We study the role of beliefs about experts' honesty in a market for credence goods with second opinions and overtreatment. Experts are honest or dishonest. The population shares a common belief about the share of honest experts, which may be incorrect. We characterize the belief that maximizes...
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10013242253
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Trust in Health Care Credence Goods : Experimental Evidence on Framing and Subject Pool Effects
Angerer, Silvia; Glätzle-Rützle, Daniela; Waibel, … - 2021
Credence goods markets heavily rely on trust on the side of the consumer as well as trustworthiness on the side of the expert. In this paper, we study two determinants of trust and trustworthiness in experimental credence goods markets, namely the effect of a health frame as well as the identity...
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10013323703
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Price signaling and quality monitoring in markets for credence goods
Mahenc, Philippe; Volle, Alexandre - 2021
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10012429885
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