Saints and Markets: Activists and the Supply of Credence Goods
Author
Abstract
Suggested Citation
DOI: 10.1111/j.1430-9134.2001.00149.x
Download full text from publisher
References listed on IDEAS
- Winand Emons, 1997.
"Credence Goods and Fraudelent Experts,"
RAND Journal of Economics, The RAND Corporation, vol. 28(1), pages 107-119, Spring.
- Winand Emons, 1994. "Credence Goods and Fraudulent Experts," Diskussionsschriften dp9402, Universitaet Bern, Departement Volkswirtschaft.
- Asher Wolinsky, 1993.
"Competition in a Market for Informed Experts' Services,"
RAND Journal of Economics, The RAND Corporation, vol. 24(3), pages 380-398, Autumn.
- Asher Wolinsky, 1991. "Competition in a Market for Informed Experts' Services," Discussion Papers 959, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
- Alessandro Lizzeri, 1999. "Information Revelation and Certification Intermediaries," RAND Journal of Economics, The RAND Corporation, vol. 30(2), pages 214-231, Summer.
- Jean Tirole, 1988. "The Theory of Industrial Organization," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262200716, September.
- Pitchik, Carolyn & Schotter, Andrew, 1987. "Honesty in a Model of Strategic Information Transmission," American Economic Review, American Economic Association, vol. 77(5), pages 1032-1036, December.
- George A. Akerlof, 1970. "The Market for "Lemons": Quality Uncertainty and the Market Mechanism," The Quarterly Journal of Economics, Oxford University Press, vol. 84(3), pages 488-500.
- Gary S. Becker, 1983. "A Theory of Competition Among Pressure Groups for Political Influence," The Quarterly Journal of Economics, Oxford University Press, vol. 98(3), pages 371-400.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Vincze, János, 2010. "Miért és mitől védjük a fogyasztókat?. Aszimmetrikus információ és/vagy korlátozott racionalitás [Asymmetric information and/or bounded rationality: why are consumers protected and from what?]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(9), pages 725-752.
- Bester, Helmut & Ouyang, Yaofu, 2018.
"Optimal procurement of a credence good under limited liability,"
International Journal of Industrial Organization, Elsevier, vol. 61(C), pages 96-129.
- Bester, Helmut & Yaofu, Ouyang, 2018. "Optimal procurement of a credence good under limited liability," Discussion Papers 2018/1, Free University Berlin, School of Business & Economics.
- Cuffaro, Nadia & Di Giacinto, Marina, 2015. "Credence goods, consumers’ trust in regulation and high quality exports," Bio-based and Applied Economics Journal, Italian Association of Agricultural and Applied Economics (AIEAA), vol. 4(2), pages 1-19, August.
- Hoffmann, Robert & Chesney, Thomas & Chuah, Swee-Hoon & Kock, Florian & Larner, Jeremy, 2020. "Demonstrability, difficulty and persuasion: An experimental study of advice taking," Journal of Economic Psychology, Elsevier, vol. 76(C).
- Giovanni Anania & Rosanna Nisticò, 2004.
"Public Regulation as a Substitute for Trust in Quality Food Markets: What if the Trust Substitute cannot be Fully Trusted?,"
Journal of Institutional and Theoretical Economics (JITE), Mohr Siebeck, Tübingen, vol. 160(4), pages 681-701, December.
- Anania, Giovanni & Nistico, Rosanna, 2003. "Public Regulation As A Substitute For Trust In Quality Food Markets. What If The Trust Substitute Cannot Be Fully Trusted?," 2003 Annual Meeting, August 16-22, 2003, Durban, South Africa 25924, International Association of Agricultural Economists.
- Joachim Heinzel, 2019. "Credence Goods Markets with Fair and Opportunistic Experts," Working Papers CIE 119, Paderborn University, CIE Center for International Economics.
- Aleix Calveras & Juan‐José Ganuza, 2016.
"The Role of Public Information in Corporate Social Responsibility,"
Journal of Economics & Management Strategy, Wiley Blackwell, vol. 25(4), pages 990-1017, December.
- Aleix Calveras & Juan José Ganuza, 2015. "The role of public information in corporate social responsibility," Economics Working Papers 1491, Department of Economics and Business, Universitat Pompeu Fabra.
- Patrick Bolton & Xavier Freixas & Joel Shapiro, 2004.
"Conflicts of interest, information provision and competition in banking,"
Economics Working Papers
760, Department of Economics and Business, Universitat Pompeu Fabra.
- Patrick Bolton & Xavier Freixas & Joel Shapiro, 2004. "Conflicts of Interest, Information Provision, and Competition in Banking," NBER Working Papers 10571, National Bureau of Economic Research, Inc.
- Patrick Bolton & Xavier Freixas & Joel Shapiro, 2004. "Conflicts of Interest, Information Provision and Competition in Banking," Working Papers 130, Barcelona Graduate School of Economics.
- Helmut Bester & Matthias Dahm, 2018.
"Credence Goods, Costly Diagnosis and Subjective Evaluation,"
Economic Journal, Royal Economic Society, vol. 128(611), pages 1367-1394, June.
- Helmut Bester & Matthias Dahm, 2014. "Credence Goods, Costly Diagnosis, and Subjective Evaluation," Discussion Papers 2014-13, The Centre for Decision Research and Experimental Economics, School of Economics, University of Nottingham.
- Bester, Helmut & Dahm, Matthias, 2014. "Credence Goods, Costly Diagnosis, and Subjective Evaluation," Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems 483, Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University of Munich.
- Bester, Helmut & Dahm, Matthias, 2014. "Credence goods, costly diagnosis, and subjective evaluation," Discussion Papers 2014/29, Free University Berlin, School of Business & Economics.
- Bester, Helmut & Dahm, Matthias, 2014. "Credence Goods, Costly Diagnosis, and Subjective Evaluation," CEPR Discussion Papers 10254, C.E.P.R. Discussion Papers.
- Dulleck, Uwe & Kerschbamer, Rudolf, 2009.
"Experts vs. discounters: Consumer free-riding and experts withholding advice in markets for credence goods,"
International Journal of Industrial Organization, Elsevier, vol. 27(1), pages 15-23, January.
- Uwe Dulleck & Rudolf Kerschbamer, 2005. "Experts vs. discounters: consumer free riding and experts withholding advice in markets for credence goods," Economics working papers 2005-09, Department of Economics, Johannes Kepler University Linz, Austria.
- Uwe Dulleck & Rudolf Kerschbamer, 2007. "Experts vs. Discounters: Consumer Free Riding and Experts Withholding Advice in Markets for Credence Goods," Working Papers 2007-21, Faculty of Economics and Statistics, University of Innsbruck.
- Robert Bartels & Denzil Fiebig & Arthur Soest, 2006.
"Consumers and experts: an econometric analysis of the demand for water heaters,"
Empirical Economics, Springer, vol. 31(2), pages 369-391, June.
- Bartels, R. & Fiebig, D.G. & van Soest, A.H.O., 2003. "Consumers and Experts : An Econometric Analysis of the Demand for Water Heaters," Discussion Paper 2003-26, Tilburg University, Center for Economic Research.
- Bartels, R. & Fiebig, D.G. & van Soest, A.H.O., 2003. "Consumers and Experts : An Econometric Analysis of the Demand for Water Heaters," Other publications TiSEM 700496ed-75bb-495d-a00c-b, Tilburg University, School of Economics and Management.
- Wolfgang Pesendorfer & Asher Wolinsky, 2003.
"Second Opinions and Price Competition: Inefficiency in the Market for Expert Advice,"
Review of Economic Studies, Oxford University Press, vol. 70(2), pages 417-437.
- Wolfgang Pesendorfer & Asher Wolinsky, 1998. "Second Opinions and Price Competition Inefficiency in the Market for Expert Advice," Discussion Papers 1229, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
- W. Pesendorfer & A. Wolinsky, 2000. "Second Opinions and Price Competition: Inefficiency in the Market for Expert Advice," Princeton Economic Theory Papers 00s18, Economics Department, Princeton University.
- Wolfgang Pesendorfer & Asher Wolinsky, 2000. "Second Opinions and Price Competition: Inefficiency in the Market for Expert Advice," Discussion Papers 1306, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
- Ting Liu, 2011.
"Credence Goods Markets With Conscientious And Selfish Experts,"
International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 52(1), pages 227-244, February.
- Ting Liu, 2006. "Credence Goods Markets with Conscientious and Selfish Experts," Boston University - Department of Economics - Working Papers Series WP2006-058, Boston University - Department of Economics.
- Liu, Ting, 2006. "Credence Goods Markets with Conscientious and Selfish Experts," MPRA Paper 1106, University Library of Munich, Germany.
- Liu, Ting, 2006. "Credence Goods Markets with Conscientious and Selfish Experts," MPRA Paper 1107, University Library of Munich, Germany, revised 10 Sep 0007.
- Chris Kuo, 2014. "An Economic Analysis on Overbilling Incentives and Auditing Programs," Journal of Business Ethics, Springer, vol. 121(3), pages 441-449, May.
- Alexander Frankel & Michael Schwarz, 2009. "Experts and Their Records," NBER Working Papers 14921, National Bureau of Economic Research, Inc.
- Uwe Dulleck & Rudolf Kerschbamer & Matthias Sutter, 2011. "The Economics of Credence Goods: An Experiment on the Role of Liability, Verifiability, Reputation, and Competition," American Economic Review, American Economic Association, vol. 101(2), pages 526-555, April.
- Aleix Calveras & Juan José Ganuza, 2004.
"Responsabilidad social corporativa. Una visión desde la teoría económica,"
Working Papers, Research Center on Health and Economics
797, Department of Economics and Business, Universitat Pompeu Fabra.
- Aleix Calveras & Juan José Ganuza, 2004. "Responsabilidad social corporativa. Una visión desde la teoría económica," Economics Working Papers 797, Department of Economics and Business, Universitat Pompeu Fabra.
- Auriol, Emmanuelle & Schilizzi, Steven G.M., 2015.
"Quality signaling through certification in developing countries,"
Journal of Development Economics, Elsevier, vol. 116(C), pages 105-121.
- Emmanuelle AURIOL & Steven G.M. SCHILIZZI, 2017. "Quality Signaling through Certification in Developing Countries," Working Paper b21cacf2-ee84-452f-9e9f-0, Agence française de développement.
- Koray Özpolat & Guodong (Gordon) Gao & Wolfgang Jank & Siva Viswanathan, 2013. "Research Note ---The Value of Third-Party Assurance Seals in Online Retailing: An Empirical Investigation," Information Systems Research, INFORMS, vol. 24(4), pages 1100-1111, December.
- Uwe Dulleck & Rudolf Kerschbamer & Matthias Sutter, 2009.
"The Economics of Credence Goods: On the Role of Liability, Verifiability, Reputation and Competition,"
Working Papers
2009-03, Faculty of Economics and Statistics, University of Innsbruck.
- Dulleck, Uwe & Kerschbamer, Rudolf & Sutter, Matthias, 2009. "The Economics of Credence Goods: On the Role of Liability, Verifiability, Reputation and Competition," IZA Discussion Papers 4030, Institute of Labor Economics (IZA).
- Dulleck, Uwe & Rudolf, Kerschbamer & Matthias, Sutter, 2009. "The Economics of Credence Goods: On the Role of Liability, Verifiability, Reputation and Competition," Working Papers in Economics 348, University of Gothenburg, Department of Economics.
- Uwe Dulleck & Rudolf Kerschbamer & Matthias Sutter, 2009. "The Economics of Credence Goods: On the Role of Liability, Verifiability, Reputation and Competition," NCER Working Paper Series 42, National Centre for Econometric Research.
Corrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bla:jemstr:v:10:y:2001:i:1:p:149-171. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Wiley Content Delivery). General contact details of provider: http://www.kellogg.northwestern.edu/research/journals/JEMS/ .
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.