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Shaping beliefs in experimental markets for expert services: Guilt aversion and the impact of promises and money-burning options()()
In a credence goods game with an expert and a consumer, we study experimentally the impact of two devices that are predicted to induce consumer-friendly behavior if the expert has a propensity to feel guilty when he believes that he violates the consumerʼs payoff expectations: (i) an opportunity for...
Autores principales: | , , , |
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Formato: | Online Artículo Texto |
Lenguaje: | English |
Publicado: |
Elsevier
2013
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Materias: | |
Acceso en línea: | https://www.ncbi.nlm.nih.gov/pmc/articles/PMC3740621/ https://www.ncbi.nlm.nih.gov/pubmed/24003266 http://dx.doi.org/10.1016/j.geb.2013.05.002 |