Price competition and reputation in credence goods markets: experimental evidence

DOI10.1016/J.GEB.2016.09.012zbMath1394.91277OpenAlexW3123776317MaRDI QIDQ517002

Christian Waibel, Wanda Mimra, Alexander Rasch

Publication date: 16 March 2017

Published in: Games and Economic Behavior (Search for Journal in Brave)

Full work available at URL: http://www.cer.ethz.ch/content/dam/ethz/special-interest/mtec/cer-eth/cer-eth-dam/documents/working-papers/WP-13-176.pdf

zbMATH Keywords

price competitionreputationexpertfraudoverchargingcredence goodundertreatment

Mathematics Subject Classification ID

Multistage and repeated games (91A20) Special types of economic markets (including Cournot, Bertrand) (91B54) Experimental studies (91A90)

Related Items (2)

Reciprocity and gift exchange in markets for credence goods ⋮ The role of communication content and reputation in the choice of transaction partners. A study based on field and laboratory data

Uses Software

• Z-Tree
• ORSEE

Cites Work

• Competition fosters trust
• Trust, reciprocity, and social history
• A statistical model for the analysis of ordinal level dependent variables
• Relational Contracts and the Nature of Market Interactions

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