Car Mechanics in the Lab - Investigating the Behavior of Real Experts on Experimental Markets for Credence Goods

Adrian Beck (), Rudolf Kerschbamer (), Jianying Qiu and Matthias Sutter ()

Working Papers from Faculty of Economics and Statistics, University of Innsbruck

Abstract: We compare the behavior of car mechanics and college students as sellers in experimental credence goods markets. Finding largely similar behavior, we note much more overtreatment by car mechanics, probably due to decision heuristics they learned in their professional training.

Keywords: Artefactual field experiment; Car mechanics; Credence goods (search for similar items in EconPapers)
JEL-codes: C91 D82 C72 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-exp
Date: 2009-12
References: Add references at CitEc
Citations View citations in EconPapers (1) Track citations by RSS feed

Downloads: (external link)
http://eeecon.uibk.ac.at/wopec2/repec/inn/wpaper/2009-27.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: http://EconPapers.repec.org/RePEc:inn:wpaper:2009-27

Access Statistics for this paper

More papers in Working Papers from Faculty of Economics and Statistics, University of Innsbruck
Contact information at EDIRC.
Series data maintained by Matthias Sutter ().