Reciprocity and gift exchange in markets for credence goods

DOI10.1016/j.geb.2023.06.001zbMath1521.91057OpenAlexW3049660043MaRDI QIDQ6176724

Evert Reins, Bruno Lanz, Serhiy Kandul

Publication date: 23 August 2023

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

Full work available at URL: https://doi.org/10.1016/j.geb.2023.06.001

zbMATH Keywords

asymmetric informationreciprocitylab experimentcredence goodsgift exchangeexpert-sellers

Mathematics Subject Classification ID

Games in extensive form (91A18) Experimental studies (91A90)

Cites Work

• Price competition and reputation in credence goods markets: experimental evidence
• Hidden action and outcome contractibility: an experimental test of moral hazard theory
• A gift with thoughtfulness: a field experiment on work incentives
• A tractable model of reciprocity and fairness
• Shaping beliefs in experimental markets for expert services: guilt aversion and the impact of promises and money-burning options
• A theory of reciprocity
• A Model of Reference-Dependent Preferences*
• Social Image and the 50-50 Norm: A Theoretical and Experimental Analysis of Audience Effects
• Prospect Theory: An Analysis of Decision under Risk
• A Theory of Fairness, Competition, and Cooperation
• What Drives Taxi Drivers? A Field Experiment on Fraud in a Market for Credence Goods
• Understanding Social Preferences with Simple Tests
• Promises and Partnership
• Gift Exchange in the Field
• Giving According to GARP: An Experimental Test of the Consistency of Preferences for Altruism

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