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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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Veröffentlicht in:Proc Natl Acad Sci U S A
Hauptverfasser: Kerschbamer, Rudolf, Neururer, Daniel, Sutter, Matthias
Format: Artigo
Sprache:Inglês
Veröffentlicht: National Academy of Sciences 2016
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Online Zugang: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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