Reciprocity and gift exchange in markets for credence goods
Author
Abstract
Suggested Citation
Download full text from publisher
References listed on IDEAS
- Jared Rubin & Roman Sheremeta, 2016.
"Principal–Agent Settings with Random Shocks,"
Management Science, INFORMS, vol. 62(4), pages 985-999, April.
- Jared Rubin & Roman Sheremeta, 2012. "Principal-Agent Settings with Random Shocks," Working Papers 12-21, Chapman University, Economic Science Institute.
- Rubin, Jared & Sheremeta, Roman, 2015. "Principal-Agent Settings with Random Shocks," MPRA Paper 61904, University Library of Munich, Germany.
- Loukas Balafoutas & Rudolf Kerschbamer & Matthias Sutter, 2017.
"Second‐Degree Moral Hazard In A Real‐World Credence Goods Market,"
Economic Journal, Royal Economic Society, vol. 127(599), pages 1-18, February.
- Loukas Balafoutas & Rudolf Kerschbamer & Matthias Sutter, 2013. "Second-Degree Moral Hazard in a Real-World Credence Goods Market," Economics Working Papers ECO2013/08, European University Institute.
- Balafoutas, Loukas & Kerschbamer, Rudolf & Sutter, Matthias, 2013. "Second-Degree Moral Hazard in a Real-World Credence Goods Market," IZA Discussion Papers 7714, Institute of Labor Economics (IZA).
- Loukas Balafoutas & Rudolf Kerschbamer & Matthias Sutter, 2013. "Second-Degree Moral Hazard in a Real-World Credence Goods Market," Working Papers 2013-26, Faculty of Economics and Statistics, Universität Innsbruck.
- Loukas Balafoutas & Rudolf Kerschbamer & Matthias Sutter, 2013. "Second-Degree Moral Hazard in a Real-World Credence Goods Market," CESifo Working Paper Series 4458, CESifo.
- Gary Charness & Matthew Rabin, 2002.
"Understanding Social Preferences with Simple Tests,"
The Quarterly Journal of Economics, Oxford University Press, vol. 117(3), pages 817-869.
- Charness, Gary & Rabin, Matthew, 2001. "Understanding Social Preferences with Simple Tests," Department of Economics, Working Paper Series qt4qz9k8vg, Department of Economics, Institute for Business and Economic Research, UC Berkeley.
- Charness, Gary & Rabin, Matthew, 2002. "Understanding Social Preferences with Simple Tests," Department of Economics, Working Paper Series qt3d04q5sm, Department of Economics, Institute for Business and Economic Research, UC Berkeley.
- Charness, Gary B & Rabin, Matthew, 2001. "Understanding Social Preferences With Simple Tests," University of California at Santa Barbara, Economics Working Paper Series qt0dc3k4m5, Department of Economics, UC Santa Barbara.
- Gary Charness & Matthew Rabin, 2003. "Understanding Social Preferences with Simple Tests," General Economics and Teaching 0303002, University Library of Munich, Germany.
- Beck, Adrian & Kerschbamer, Rudolf & Qiu, Jianying & Sutter, Matthias, 2013. "Shaping beliefs in experimental markets for expert services: Guilt aversion and the impact of promises and money-burning options," Games and Economic Behavior, Elsevier, vol. 81(C), pages 145-164.
- Hoppe, Eva I. & Schmitz, Patrick W., 2018.
"Hidden action and outcome contractibility: An experimental test of moral hazard theory,"
Games and Economic Behavior, Elsevier, vol. 109(C), pages 544-564.
- Hoppe, Eva I. & Schmitz, Patrick W., 2018. "Hidden Action and Outcome Contractibility: An Experimental Test of Moral Hazard Theory," MPRA Paper 95618, University Library of Munich, Germany.
- Natalia Montinari & Antonio Nicolò & Regine Oexl, 2016. "The gift of being chosen," Experimental Economics, Springer;Economic Science Association, vol. 19(2), pages 460-479, June.
- Carpenter, Jeffrey, 2017.
"The sequencing of gift exchange: A field trial,"
Journal of Economic Behavior & Organization, Elsevier, vol. 139(C), pages 26-31.
- Carpenter, Jeffrey P., 2017. "The Sequencing of Gift Exchange: A Field Trial," IZA Discussion Papers 10736, Institute of Labor Economics (IZA).
- Hennig-Schmidt, Heike & Selten, Reinhard & Wiesen, Daniel, 2011.
"How payment systems affect physicians' provision behaviour--An experimental investigation,"
Journal of Health Economics, Elsevier, vol. 30(4), pages 637-646, July.
- Hennig-Schmidt, Heike & Selten, Reinhard & Wiesen, Daniel, 2009. "How Payment Systems Affect Physicians' Provision Behaviour – An Experimental Investigation," Bonn Econ Discussion Papers 29/2009, University of Bonn, Bonn Graduate School of Economics (BGSE).
- Hennig-Schmidt, Heike & Selten, Reinhard & Wiesen, Daniel, 2011. "How Payment Systems Affect Physicians' Provision Behaviour – An Experimental Investigation," Bonn Econ Discussion Papers 03/2011, University of Bonn, Bonn Graduate School of Economics (BGSE).
- Ernst Fehr & Klaus M. Schmidt, 1999.
"A Theory of Fairness, Competition, and Cooperation,"
The Quarterly Journal of Economics, Oxford University Press, vol. 114(3), pages 817-868.
- Fehr, Ernst & Schmidt, Klaus M., . "A theory of fairness, competition, and cooperation," Chapters in Economics,, University of Munich, Department of Economics.
- Ernst Fehr & Klaus M. Schmidt, "undated". "A Theory of Fairness, Competition and Cooperation," IEW - Working Papers 004, Institute for Empirical Research in Economics - University of Zurich.
- Fehr, Ernst & Schmidt, Klaus M., 1999. "A theory of fairness, competition, and cooperation," Munich Reprints in Economics 20650, University of Munich, Department of Economics.
- Fehr, Ernst & Schmidt, Klaus M., 1998. "A Theory of Fairness, Competition and Cooperation," CEPR Discussion Papers 1812, C.E.P.R. Discussion Papers.
- Charness, Gary & Dufwenberg, Martin, 2003.
"Promises & Partnership,"
Research Papers in Economics
2003:3, Stockholm University, Department of Economics.
- Charness, Gary B & Dufwenberg, Martin, 2006. "Promises & Partnership," University of California at Santa Barbara, Economics Working Paper Series qt0127h86v, Department of Economics, UC Santa Barbara.
- Ernst Fehr & Georg Kirchsteiger & Arno Riedl, 1993.
"Does Fairness Prevent Market Clearing? An Experimental Investigation,"
The Quarterly Journal of Economics, Oxford University Press, vol. 108(2), pages 437-459.
- Ernst Fehr & Georg Kirchsteiger & Arno Riedl, 1993. "Does Fairness Prevent Market Clearing? An Experimental Investigation," ULB Institutional Repository 2013/5927, ULB -- Universite Libre de Bruxelles.
- Carl Mellström & Magnus Johannesson, 2008.
"Crowding Out in Blood Donation: Was Titmuss Right?,"
Journal of the European Economic Association, MIT Press, vol. 6(4), pages 845-863, June.
- Mellström, Carl & Johannesson, Magnus, 2005. "Crowding Out in Blood Donation: Was Titmuss Right?," Working Papers in Economics 180, University of Gothenburg, Department of Economics, revised 08 Feb 2008.
- Balafoutas, Loukas & Kerschbamer, Rudolf, 2020.
"Credence goods in the literature: What the past fifteen years have taught us about fraud, incentives, and the role of institutions,"
Journal of Behavioral and Experimental Finance, Elsevier, vol. 26(C).
- Loukas Balafoutas & Rudolf Kerschbamer, 2020. "Credence goods in the literature: What the past fifteen years have taught us about fraud, incentives, and the role of institutions," Working Papers 2020-01, Faculty of Economics and Statistics, Universität Innsbruck.
- Heike Hennig-Schmidt & Bettina Rockenbach & Abdolkarim Sadrieh, 2010.
"In Search Of Workers' Real Effort Reciprocity-A Field and a Laboratory Experiment,"
Journal of the European Economic Association, MIT Press, vol. 8(4), pages 817-837, June.
- Heike Hennig‐Schmidt & Abdolkarim Sadrieh & Bettina Rockenbach, 2010. "In Search of Workers' Real Effort Reciprocity—a Field and a Laboratory Experiment," Journal of the European Economic Association, European Economic Association, vol. 8(4), pages 817-837, June.
- Heike Hennig-Schmidt & Bettina Rockenbach & Abdolkarim Sadrieh, 2005. "In search of worker's real effort reciprocity - a field and a laboratory experiment," Artefactual Field Experiments 00065, The Field Experiments Website.
- Hennig-Schmidt, Heike & Rockenbach, Bettina & Sadrieh, Abdolkarim, 2008. "In Search of Workers' Real Effort Reciprocity - A Field and a Laboratory Experiment," Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems 238, Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University of Munich.
- Hennig-Schmidt, Heike & Rockenbach, Bettina & Sadrieh, Abdolkarim, 2005. "In Search of Workers' Real Effort Reciprocity - A Field and a Laboratory Experiment," Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems 55, Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University of Munich.
- Tang, Johnny Jiahao, 2020.
"Individual heterogeneity and cultural attitudes in credence goods provision,"
European Economic Review, Elsevier, vol. 126(C).
- Johnny Tang, 2020. "Individual Heterogeneity and Cultural Attitudes in Credence Goods Provision," Papers 2010.08386, arXiv.org.
- Falk, Armin & Fischbacher, Urs, 2006.
"A theory of reciprocity,"
Games and Economic Behavior, Elsevier, vol. 54(2), pages 293-315, February.
- Armin Falk & Urs Fischbacher, "undated". "A Theory of Reciprocity," IEW - Working Papers 006, Institute for Empirical Research in Economics - University of Zurich.
- Falk, Armin & Fischbacher, Urs, 2001. "A Theory of Reciprocity," CEPR Discussion Papers 3014, C.E.P.R. Discussion Papers.
- Armin Falk & Urs Fischbacher, 2001. "A Theory of Reciprocity," CESifo Working Paper Series 457, CESifo.
- Frey, Bruno S & Oberholzer-Gee, Felix, 1997. "The Cost of Price Incentives: An Empirical Analysis of Motivation Crowding-Out," American Economic Review, American Economic Association, vol. 87(4), pages 746-755, September.
- Ulrike Malmendier & Klaus M. Schmidt, 2017.
"You Owe Me,"
American Economic Review, American Economic Association, vol. 107(2), pages 493-526, February.
- Ulrike M. Malmendier & Klaus Schmidt, 2012. "You Owe Me," CESifo Working Paper Series 4007, CESifo.
- Ulrike Malmendier & Klaus Schmidt, 2012. "You Owe Me," NBER Working Papers 18543, National Bureau of Economic Research, Inc.
- Malmendier, Ulrike & Schmidt, Klaus M., 2012. "You Owe Me," Discussion Papers in Economics 14241, University of Munich, Department of Economics.
- Malmendier, Ulrike & Schmidt, Klaus M., 2012. "You Owe Me," Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems 392, Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University of Munich.
- Malmendier, Ulrike & Schmidt, Klaus M., 2017. "You Owe Me," Rationality and Competition Discussion Paper Series 1, CRC TRR 190 Rationality and Competition.
- Malmendier, Ulrike M. & Schmidt, Klaus M., 2012. "You Owe Me," CEPR Discussion Papers 9230, C.E.P.R. Discussion Papers.
- Rudolf Kerschbamer & Matthias Sutter & Uwe Dulleck, 2017.
"How Social Preferences Shape Incentives in (Experimental) Markets for Credence Goods,"
Economic Journal, Royal Economic Society, vol. 127(600), pages 393-416, March.
- Rudolf Kerschbamer & Matthias Sutter & Uwe Dulleck, 2015. "How Social Preferences Shape Incentives in (Experimental) Markets for Credence Goods," Working Papers 2015-04, Faculty of Economics and Statistics, Universität Innsbruck.
- Loukas Balafoutas & Adrian Beck & Rudolf Kerschbamer & Matthias Sutter, 2013.
"What Drives Taxi Drivers? A Field Experiment on Fraud in a Market for Credence Goods,"
Review of Economic Studies, Oxford University Press, vol. 80(3), pages 876-891.
- Balafoutas, Loukas & Beck, Adrian & Kerschbamer, Rudolf & Sutter, Matthias, 2011. "What Drives Taxi Drivers? A Field Experiment on Fraud in a Market for Credence Goods," IZA Discussion Papers 5700, Institute of Labor Economics (IZA).
- Loukas Balafoutas & Adrian Beck & Rudolf Kerschbamer & Matthias Sutter, 2011. "What drives taxi drivers? A field experiment on fraud in a market for credence goods," Working Papers 2011-11, Faculty of Economics and Statistics, Universität Innsbruck.
- Loukas Balafoutas & Adrian Beck & Rudolf Kerschbamer & Matthias Sutter, 2011. "What Drives Taxi Drivers? A Field Experiment on Fraud in a Market for Credence Goods," CESifo Working Paper Series 3461, CESifo.
- 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.
- Ernst Fehr & Bettina Rockenbach, 2003.
"Detrimental effects of sanctions on human altruism,"
Nature, Nature, vol. 422(6928), pages 137-140, March.
- Ernst Fehr & Bettina Rockenbach, 2003. "Detrimental effects of sanctions on human altruism," Microeconomics 0305007, University Library of Munich, Germany.
- Uri Gneezy, 2005. "Deception: The Role of Consequences," American Economic Review, American Economic Association, vol. 95(1), pages 384-394, March.
- Alexander Rasch & Christian Waibel, 2018.
"What Drives Fraud in a Credence Goods Market? – Evidence from a Field Study,"
Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 80(3), pages 605-624, June.
- Alexander Rasch & Christian Waibel, 2013. "What drives fraud in a credence goods market? Evidence from a field study," CER-ETH Economics working paper series 13/179, CER-ETH - Center of Economic Research (CER-ETH) at ETH Zurich.
- Rasch, Alexander & Waibel, Christian, 2015. "What drives fraud in a credence goods market? Evidence from a field study," DICE Discussion Papers 180, Heinrich Heine University Düsseldorf, Düsseldorf Institute for Competition Economics (DICE).
- Godager, Geir & Wiesen, Daniel, 2013.
"Profit or patients’ health benefit? Exploring the heterogeneity in physician altruism,"
Journal of Health Economics, Elsevier, vol. 32(6), pages 1105-1116.
- Godager, Geir & Wiesen, Daniel, 2011. "Profit or Patients' Health Benefit? Exploring the Heterogeneity in Physician Altruism," HERO Online Working Paper Series 2011:7, University of Oslo, Health Economics Research Programme.
- Johannes Abeler & Steffen Altmann & Sebastian Kube & Matthias Wibral, 2010.
"Gift Exchange and Workers' Fairness Concerns: When Equality is Unfair,"
Journal of the European Economic Association, MIT Press, vol. 8(6), pages 1299-1324, December.
- Abeler, Johannes & Altmann, Steffen & Kube, Sebastian & Wibral, Matthias, 2009. "Gift Exchange and Workers' Fairness Concerns: When Equality Is Unfair," IZA Discussion Papers 4262, Institute of Labor Economics (IZA).
- Johannes Abeler & Stefen Altmann & Sebastian Kube & Matthias Wibral, 2009. "Gift Exchange and Workers' Fairness Concerns - When Equality Is Unfair," Discussion Papers 2009-11, The Centre for Decision Research and Experimental Economics, School of Economics, University of Nottingham.
- James Andreoni & B. Douglas Bernheim, 2009.
"Social Image and the 50-50 Norm: A Theoretical and Experimental Analysis of Audience Effects,"
Econometrica, Econometric Society, vol. 77(5), pages 1607-1636, September.
- James Andreoni & B. Douglas Bernheim, 2007. "Social Image and the 50-50 Norm: A Theoretical and Experimental Analysis of Audience Effects," Discussion Papers 07-030, Stanford Institute for Economic Policy Research.
- Huck, Steffen & Lünser, Gabriele & Spitzer, Florian & Tyran, Jean-Robert, 2016.
"Medical insurance and free choice of physician shape patient overtreatment: A laboratory experiment,"
Journal of Economic Behavior & Organization, Elsevier, vol. 131(PB), pages 78-105.
- Steffen Huck & Gabriele Lünser & Florian Spitzer & Jean-Robert Tyran, 2014. "Medical Insurance and Free Choice of Physician Shape Patient Overtreatment. A Laboratory Experiment," Discussion Papers 14-19, University of Copenhagen. Department of Economics.
- Huck, Steffen & Lünser, Gabriele & Spitzer, Florian & Tyran, Jean-Robert, 2016. "Medical insurance and free choice of physician shape patient overtreatment: A laboratory experiment," Discussion Papers, Research Unit: Economics of Change SP II 2014-307r, WZB Berlin Social Science Center.
- Huck, Steffen & Lünser, Gabriele & Spitzer, Florian & Tyran, Jean-Robert, 2014. "Medical insurance and free choice of physician shape patient overtreatment: A laboratory experiment," Discussion Papers, Research Unit: Economics of Change SP II 2014-307, WZB Berlin Social Science Center.
- Mimra, Wanda & Rasch, Alexander & Waibel, Christian, 2016.
"Price competition and reputation in credence goods markets: Experimental evidence,"
Games and Economic Behavior, Elsevier, vol. 100(C), pages 337-352.
- Wanda Mimra & Alexander Rasch & Christian Waibel, 2013. "Price competition and reputation in credence goods markets: Experimental evidence," CER-ETH Economics working paper series 13/176, CER-ETH - Center of Economic Research (CER-ETH) at ETH Zurich.
- Loukas Balafoutas & Rudolf Kerschbamer & Matthias Sutter, 2017.
"Second‐Degree Moral Hazard In A Real‐World Credence Goods Market,"
Economic Journal, Royal Economic Society, vol. 127(599), pages 1-18, February.
- Loukas Balafoutas & Rudolf Kerschbamer & Matthias Sutter, 2017. "Second‐Degree Moral Hazard in a Real‐World Credence Goods Market," Economic Journal, Royal Economic Society, vol. 127(599), pages 1-18.
- Loukas Balafoutas & Rudolf Kerschbamer & Matthias Sutter, 2013. "Second-Degree Moral Hazard in a Real-World Credence Goods Market," Economics Working Papers ECO2013/08, European University Institute.
- Loukas Balafoutas & Rudolf Kerschbamer & Matthias Sutter, 2013. "Second-Degree Moral Hazard in a Real-World Credence Goods Market," Working Papers 2013-26, Faculty of Economics and Statistics, University of Innsbruck.
- Balafoutas, Loukas & Kerschbamer, Rudolf & Sutter, Matthias, 2013. "Second-Degree Moral Hazard in a Real-World Credence Goods Market," IZA Discussion Papers 7714, Institute of Labor Economics (IZA).
- Loukas Balafoutas & Rudolf Kerschbamer & Matthias Sutter, 2013. "Second-Degree Moral Hazard in a Real-World Credence Goods Market," CESifo Working Paper Series 4458, CESifo.
- Armin Falk, 2007. "Gift Exchange in the Field," Econometrica, Econometric Society, vol. 75(5), pages 1501-1511, September.
- Sebastian Kube & Michel Andre Marechal & Clemens Puppe, 2012.
"The Currency of Reciprocity: Gift Exchange in the Workplace,"
American Economic Review, American Economic Association, vol. 102(4), pages 1644-1662, June.
- Sebastian Kube & Michel Andr� Mar�chal & Clemens Puppe, 2010. "The currency of reciprocity - gift-exchange in the workplace," IEW - Working Papers 377, Institute for Empirical Research in Economics - University of Zurich, revised Aug 2011.
- Kube, Sebastian & Maréchal, Michel André & Puppe, Clemens, 2011. "The currency of reciprocity - gift-exchange in the workplace," Working Paper Series in Economics 25, Karlsruhe Institute of Technology (KIT), Department of Economics and Management.
- Michael Kirchler & Stefan Palan, 2018.
"Immaterial and monetary gifts in economic transactions: evidence from the field,"
Experimental Economics, Springer;Economic Science Association, vol. 21(1), pages 205-230, March.
- Michael Kirchler & Stefan Palan, 2016. "Immaterial and monetary gifts in economic transactions. Evidence from the field," Working Papers 2016-12, Faculty of Economics and Statistics, Universität Innsbruck.
- Michael Kirchler & Stefan Palan, 2016. "Immaterial and Monetary Gifts in Economic Transactions - Evidence from the Field," Working Paper Series, Social and Economic Sciences 2016-01, Faculty of Social and Economic Sciences, Karl-Franzens-University Graz.
- Ivan Soraperra & Anton Suvorov & Jeroen Van de Ven & Marie Claire Villeval, 2019.
"Doing Bad to Look Good: Negative Consequences of Image Concerns on Prosocial Behavior,"
Revue économique, Presses de Sciences-Po, vol. 70(6), pages 945-966.
- Ivan Sorrapera & Anton Suvorov & Jeroen van de Ven & Marie Claire Villeval, 2019. "Doing bad to look good: Negative consequences of image concerns on pro-socal behavior," Post-Print halshs-02368407, HAL.
- Ivan Soraperra & Anton Suvorov & Jeroen van de Ven & Marie Claire Villeval, 2019. "Doing Bad to Look Good: Negative Consequences of Image Concerns on Pro-social Behavior," Working Papers halshs-02285897, HAL.
- Ivan Soraperra & Anton Suvorov & Jeroen van de Ven & Marie Claire Villeval, 2019. "Doing Bad to Look Good: Negative Consequences of Image Concerns on Pro-social Behavior," Working Papers 1926, Groupe d'Analyse et de Théorie Economique Lyon St-Étienne (GATE Lyon St-Étienne), Université de Lyon.
- Florian Englmaier & Stephen Leider, 2020.
"Managerial Payoff and Gift-Exchange in the Field,"
Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 56(2), pages 259-280, March.
- Florian Englmaier & Stephen G. Leider, 2012. "Managerial Payoff and Gift Exchange in the Field," CESifo Working Paper Series 3707, CESifo.
- Englmaier, Florian & Leider, Stephen, 2020. "Managerial Payoff and Gift-Exchange in the Field," Munich Reprints in Economics 84721, University of Munich, Department of Economics.
- Englmaier, Florian & Leider, Steve, 2019. "Managerial Payoff and Gift-Exchange in the Field," Rationality and Competition Discussion Paper Series 178, CRC TRR 190 Rationality and Competition.
- Guth, Werner & Huck, Steffen & Ockenfels, Peter, 1996. "Two-Level Ultimatum Bargaining with Incomplete Information: An Experimental Study," Economic Journal, Royal Economic Society, vol. 106(436), pages 593-604, May.
- Ernst Fehr & John A. List, 2004.
"The Hidden Costs and Returns of Incentives-Trust and Trustworthiness Among CEOs,"
Journal of the European Economic Association, MIT Press, vol. 2(5), pages 743-771, September.
- E. Fehr & John A. List, "undated". "The Hidden Costs and Returns of Incentives - Trust and Trustworthiness among CEOs," IEW - Working Papers 134, Institute for Empirical Research in Economics - University of Zurich.
- Ernst Fehr & John A. List, 2004. "THE HIDDEN COSTS AND RETURNS OF INCENTIVES — TRUST AND TRUSTWORTHINESS AMONG CEOs," Labor and Demography 0409012, University Library of Munich, Germany.
- Ernst Fehr & John List, 2004. "The hidden costs and returns of incentives - trust and trustworthiness among ceos," Artefactual Field Experiments 00044, The Field Experiments Website.
- Cox, James C. & Friedman, Daniel & Gjerstad, Steven, 2007.
"A tractable model of reciprocity and fairness,"
Games and Economic Behavior, Elsevier, vol. 59(1), pages 17-45, April.
- James Cox & Daniel Friedman & Steven Gjerstad, 2004. "A Tractable Model of Reciprocity and Fairness," Experimental 0406001, University Library of Munich, Germany.
- James C. Cox & Daniel Friedman & Steven Gjerstad, 2006. "A Tractable Model of Reciprocity and Fairness," Experimental Economics Center Working Paper Series 2006-05, Experimental Economics Center, Andrew Young School of Policy Studies, Georgia State University.
- Cox, J. & Friedman, D. & Gjerstad, S., 2006. "A Trackable Model of Reciprocity and Fairness," Purdue University Economics Working Papers 1181, Purdue University, Department of Economics.
- Newman, George E. & Jeremy Shen, Y., 2012. "The counterintuitive effects of thank-you gifts on charitable giving," Journal of Economic Psychology, Elsevier, vol. 33(5), pages 973-983.
- Brent J. Davis & Rudolf Kerschbamer & Regine Oexl, 2017. "Is reciprocity really outcome-based? A second look at gift-exchange with random shocks," Journal of the Economic Science Association, Springer;Economic Science Association, vol. 3(2), pages 149-160, December.
- Charness, Gary & Shmidov, Valentin, 2014. "Trust and Reciprocity," Foundations and Trends(R) in Microeconomics, now publishers, vol. 10(3), pages 167-207, November.
- Alain Cohn & Ernst Fehr & Lorenz Goette, 2015. "Fair Wages and Effort Provision: Combining Evidence from a Choice Experiment and a Field Experiment," Management Science, INFORMS, vol. 61(8), pages 1777-1794, August.
- Malmendier, Ulrike & Schmidt, Klaus M., 2017. "You Owe Me," Munich Reprints in Economics 55042, University of Munich, Department of Economics.
- Gary Charness & Martin Dufwenberg, 2006.
"Promises and Partnership,"
Econometrica, Econometric Society, vol. 74(6), pages 1579-1601, November.
- Gary Charness & Martin Dufwenberg, 2004. "Promises and Partnership," Levine's Bibliography 122247000000000001, UCLA Department of Economics.
- Rudolf Kerschbamer & Matthias Sutter & Uwe Dulleck, 2017.
"How Social Preferences Shape Incentives in (Experimental) Markets for Credence Goods,"
Economic Journal, Royal Economic Society, vol. 127(600), pages 393-416, March.
- Rudolf Kerschbamer & Matthias Sutter & Uwe Dulleck, 2017. "How Social Preferences Shape Incentives in (Experimental) Markets for Credence Goods," Economic Journal, Royal Economic Society, vol. 127(600), pages 393-416.
- Rudolf Kerschbamer & Matthias Sutter & Uwe Dulleck, 2015. "How Social Preferences Shape Incentives in (Experimental) Markets for Credence Goods," Working Papers 2015-04, Faculty of Economics and Statistics, University of Innsbruck.
- 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.
- Rudolf Kerschbamer & Daniel Neururer & Matthias Sutter, 2016. "Insurance coverage of customers induces dishonesty of sellers in markets for credence goods," Natural Field Experiments 00639, The Field Experiments Website.
- Angelova, Vera & Regner, Tobias, 2018.
"Can a bonus overcome moral hazard? Experimental evidence from markets for expert services,"
Journal of Economic Behavior & Organization, Elsevier, vol. 154(C), pages 362-378.
- Vera Angelova & Tobias Regner, 2018. "Can a Bonus Overcome Moral Hazard? Experimental Evidence from Markets for Expert Services," Jena Economics Research Papers 2018-009, Friedrich-Schiller-University Jena.
- Axel Ockenfels & Gary E. Bolton, 2000. "ERC: A Theory of Equity, Reciprocity, and Competition," American Economic Review, American Economic Association, vol. 90(1), pages 166-193, March.
- Michael Kosfeld & Armin Falk, 2006.
"The Hidden Costs of Control,"
American Economic Review, American Economic Association, vol. 96(5), pages 1611-1630, December.
- Armin Falk & Michael Kosfeld, "undated". "The Hidden Costs of Control," IEW - Working Papers 250, Institute for Empirical Research in Economics - University of Zurich.
- 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.
- Agarwal, Ritu & Liu, Che-Wei & Prasad, Kislaya, 2019. "Personal research, second opinions, and the diagnostic effort of experts," Journal of Economic Behavior & Organization, Elsevier, vol. 158(C), pages 44-61.
- Currie, Janet & Lin, Wanchuan & Meng, Juanjuan, 2013. "Social networks and externalities from gift exchange: Evidence from a field experiment," Journal of Public Economics, Elsevier, vol. 107(C), pages 19-30.
- R. Lynn Hannan & John H. Kagel & Donald V. Moser, 2002. "Partial Gift Exchange in an Experimental Labor Market: Impact of Subject Population Differences, Productivity Differences, and Effort Requests on Behavior," Journal of Labor Economics, University of Chicago Press, vol. 20(4), pages 923-951, October.
- James Andreoni & John Miller, 2002. "Giving According to GARP: An Experimental Test of the Consistency of Preferences for Altruism," Econometrica, Econometric Society, vol. 70(2), pages 737-753, March.
- Urs Fischbacher, 2007. "z-Tree: Zurich toolbox for ready-made economic experiments," Experimental Economics, Springer;Economic Science Association, vol. 10(2), pages 171-178, June.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Evert Reins, 2021. "Seductive subsidies? An analysis of second-degree moral hazard in the context of photovoltaic solar systems," IRENE Working Papers 21-03, IRENE Institute of Economic Research.
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.- Balafoutas, Loukas & Kerschbamer, Rudolf, 2020.
"Credence goods in the literature: What the past fifteen years have taught us about fraud, incentives, and the role of institutions,"
Journal of Behavioral and Experimental Finance, Elsevier, vol. 26(C).
- Loukas Balafoutas & Rudolf Kerschbamer, 2020. "Credence goods in the literature: What the past fifteen years have taught us about fraud, incentives, and the role of institutions," Working Papers 2020-01, Faculty of Economics and Statistics, Universität Innsbruck.
- Angelova, Vera & Regner, Tobias, 2018.
"Can a bonus overcome moral hazard? Experimental evidence from markets for expert services,"
Journal of Economic Behavior & Organization, Elsevier, vol. 154(C), pages 362-378.
- Vera Angelova & Tobias Regner, 2018. "Can a Bonus Overcome Moral Hazard? Experimental Evidence from Markets for Expert Services," Jena Economics Research Papers 2018-009, Friedrich-Schiller-University Jena.
- Charness, Gary & Kuhn, Peter, 2011.
"Lab Labor: What Can Labor Economists Learn from the Lab?,"
Handbook of Labor Economics, in: O. Ashenfelter & D. Card (ed.), Handbook of Labor Economics, edition 1, volume 4, chapter 3, pages 229-330,
Elsevier.
- Charness, Gary & Kuhn, Peter J., 2010. "Lab Labor: What Can Labor Economists Learn from the Lab?," IZA Discussion Papers 4941, Institute of Labor Economics (IZA).
- Gary Charness & Peter J. Kuhn, 2010. "Lab Labor: What Can Labor Economists Learn from the Lab?," NBER Working Papers 15913, National Bureau of Economic Research, Inc.
- Katharina Momsen & Markus Ohndorf, 2022. "Seller Opportunism in Credence Good Markets – The Role of Market Conditions," Working Papers 2022-10, Faculty of Economics and Statistics, Universität Innsbruck.
- Silvia Angerer & Daniela Glätzle-Rützler & ChristianWaibel, 2020. "Monitoring institutions in health care markets: Experimental evidence," Working Papers 2020-32, Faculty of Economics and Statistics, Universität Innsbruck.
- Currie, Janet & Lin, Wanchuan & Meng, Juanjuan, 2013. "Social networks and externalities from gift exchange: Evidence from a field experiment," Journal of Public Economics, Elsevier, vol. 107(C), pages 19-30.
- Boosey, Luke & Goerg, Sebastian, 2020.
"The timing of discretionary bonuses – effort, signals, and reciprocity,"
Games and Economic Behavior, Elsevier, vol. 124(C), pages 254-280.
- Boosey, Luke & Goerg, Sebastian J., 2018. "The Timing of Discretionary Bonuses: Effort, Signals, and Reciprocity," IZA Discussion Papers 11580, Institute of Labor Economics (IZA).
- Simon Gaechter & Esther Kessler & Manfred Koenigstein, 2011.
"The roles of incentives and voluntary cooperation for contractual compliance,"
Discussion Papers
2011-06, The Centre for Decision Research and Experimental Economics, School of Economics, University of Nottingham.
- Simon Gaechter & Esther Kessler & Manfred Koenigstein, 2011. "The roles of incentives and voluntary cooperation for contractual compliance," Discussion Papers 2011-06, The Centre for Decision Research and Experimental Economics, School of Economics, University of Nottingham.
- Gächter, Simon & Kessler, Esther & Königstein, Manfred, 2011. "The Roles of Incentives and Voluntary Cooperation for Contractual Compliance," IZA Discussion Papers 5774, Institute of Labor Economics (IZA).
- Green, Ellen P. & Kloosterman, Andrew, 2022. "Agent sorting by incentive systems in mission firms: Implications for healthcare and other credence goods markets," Journal of Economic Behavior & Organization, Elsevier, vol. 200(C), pages 408-429.
- Ben Greiner & Le Zhang & Chengxiang Tang, 2017. "Separation of prescription and treatment in health care markets: A laboratory experiment," Health Economics, John Wiley & Sons, Ltd., vol. 26(S3), pages 21-35, December.
- Kocher, Martin G. & Luhan, Wolfgang J. & Sutter, Matthias, 2012.
"Testing a forgotten aspect of Akerlof’s gift exchange hypothesis: Relational contracts with individual and uniform wages,"
Discussion Papers in Economics
12816, University of Munich, Department of Economics.
- Kocher, Martin G. & Luhan, Wolfgang J. & Sutter, Matthias, 2012. "Testing a Forgotten Aspect of Akerlof's Gift Exchange Hypothesis: Relational Contracts with Individual and Uniform Wages," IZA Discussion Papers 6415, Institute of Labor Economics (IZA).
- Martin G. Kocher & Wolfgang J. Luhan & Matthias Sutter, 2012. "Testing a forgotten aspect of Akerlof's gift exchange hypothesis: Relational contracts with individual and uniform wages," Working Papers 2012-02, Faculty of Economics and Statistics, Universität Innsbruck.
- Bejarano, Hernán & Corgnet, Brice & Gómez-Miñambres, Joaquín, 2021. "Economic stability promotes gift-exchange in the workplace," Journal of Economic Behavior & Organization, Elsevier, vol. 187(C), pages 374-398.
- Fang Liu & Alexander Rasch & Marco A. Schwarz & Christian Waibel, 2020.
"The role of diagnostic ability in markets for expert services,"
Working Papers
2020-07, Faculty of Economics and Statistics, Universität Innsbruck.
- Fang Liu & Alexander Rasch & Marco Alexander Schwarz & Christian Waibel, 2020. "The Role of Diagnostic Ability in Markets for Expert Services," CESifo Working Paper Series 8704, CESifo.
- Khalmetski, Kiryl & Rockenbach, Bettina & Werner, Peter, 2017.
"Evasive lying in strategic communication,"
Journal of Public Economics, Elsevier, vol. 156(C), pages 59-72.
- Kiryl Khalmetski & Bettina Rockenbach & Peter Werner, 2017. "Evasive Lying in Strategic Communication," Working Paper Series in Economics 92, University of Cologne, Department of Economics.
- Khalmetski, Kiryl & Rockenbach, Bettina & Werner, Peter, 2017. "Evasive Lying in Strategic Communication," VfS Annual Conference 2017 (Vienna): Alternative Structures for Money and Banking 168119, Verein für Socialpolitik / German Economic Association.
- James Andreoni, 2018.
"Satisfaction Guaranteed: When Moral Hazard Meets Moral Preferences,"
American Economic Journal: Microeconomics, American Economic Association, vol. 10(4), pages 159-189, November.
- James Andreoni, 2017. "Satisfaction Guaranteed: When Moral Hazard meets Moral Preferences," NBER Working Papers 23352, National Bureau of Economic Research, Inc.
- Mimra, Wanda & Rasch, Alexander & Waibel, Christian, 2016.
"Second opinions in markets for expert services: Experimental evidence,"
Journal of Economic Behavior & Organization, Elsevier, vol. 131(PB), pages 106-125.
- Wanda Mimra & Alexander Rasch & Christian Waibel, 2014. "Second Opinions in Markets for Expert Services: Experimental Evidence," CER-ETH Economics working paper series 14/192, CER-ETH - Center of Economic Research (CER-ETH) at ETH Zurich.
- Kajackaite, Agne & Werner, Peter, 2015. "The incentive effects of performance requirements – A real effort experiment," Journal of Economic Psychology, Elsevier, vol. 49(C), pages 84-94.
- Koch, Alexander K. & Nafziger, Julia, 2016. "Gift exchange, control, and cyberloafing: A real-effort experiment," Journal of Economic Behavior & Organization, Elsevier, vol. 131(PA), pages 409-426.
- Silvia Angerer & Daniela Glätzle-Rützler & Christian Waibel, 2021. "Trust in health care credence goods: Experimental evidence on framing and subject pool effects," Working Papers 2021-13, Faculty of Economics and Statistics, Universität Innsbruck.
- Farukh, Razi & Kerkhof, Anna & Loebbing, Jonas, 2020. "Inefficiency and Regulation in Credence Goods Markets with Altruistic Experts," VfS Annual Conference 2020 (Virtual Conference): Gender Economics 224590, Verein für Socialpolitik / German Economic Association.
More about this item
Keywords
Credence Goods; Expert-sellers; Gift Exchange; Reciprocity; Asymmetric Information; Lab Experiment.;All these keywords.
JEL classification:
- D82 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Asymmetric and Private Information; Mechanism Design
- L14 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Transactional Relationships; Contracts and Reputation
- C91 - Mathematical and Quantitative Methods - - Design of Experiments - - - Laboratory, Individual Behavior
NEP fields
This paper has been announced in the following NEP Reports:- NEP-EXP-2020-08-24 (Experimental Economics)
- NEP-ORE-2020-08-24 (Operations Research)
Statistics
Access and download statisticsCorrections
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:irn:wpaper:20-09. 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: . General contact details of provider: https://edirc.repec.org/data/irenech.html .
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 bibliographic 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.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Rebecca Stuart (email available below). General contact details of provider: https://edirc.repec.org/data/irenech.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.