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Insurance coverage of customers induces dishonesty of sellers in markets for credence goods

Honesty is a fundamental pillar for cooperation in human societies and thus for their economic welfare. However, humans do not always act in an honest way. Here, we examine how insurance coverage affects the degree of honesty in credence goods markets. Such markets are plagued by strong incentives f...

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Pubblicato in:Proc Natl Acad Sci U S A
Autori principali: Kerschbamer, Rudolf, Neururer, Daniel, Sutter, Matthias
Natura: Artigo
Lingua:Inglês
Pubblicazione: National Academy of Sciences 2016
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Accesso online:https://ncbi.nlm.nih.gov/pmc/articles/PMC4941439/
https://ncbi.nlm.nih.gov/pubmed/27325784
https://ncbi.nlm.nih.govhttp://dx.doi.org/10.1073/pnas.1518015113
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