What drives taxi drivers? A field experiment on fraud in a market for credence goods

Arbeitspapier

Credence goods are characterized by informational asymmetries between sellers and consumers that invite fraudulent behavior by sellers. This paper presents the results of a natural field experiment on taxi rides in Athens, Greece, set up to measure different types of fraud and to examine the influence of passengers' presumed information and income on the extent of fraud. Results reveal that taxi drivers cheat passengers in systematic ways: Passengers with inferior information about optimal routes are taken on longer detours while asymmetric information on the local tariff system leads to manipulated bills. Higher income seems to lead to more fraud.

Angaben zum Objekt

• Sprache: Englisch

Verweise und Beziehungen

• Erschienen in: Series: CESifo Working Paper ; No. 3461

Klassifikation und Themen

• Klassifikation: Wirtschaft ; Field Experiments ; Asymmetric and Private Information; Mechanism Design
• Thema: credence goods ; expert services ; natural field experiment ; taxi rides ; fraud ; asymmetric information ; Taxigewerbe ; Betrug ; Vertrauensgüter ; Asymmetrische Information ; Feldforschung ; Athen

Beteiligte, Orts- und Zeitangaben

• Ereignis: Geistige Schöpfung
• (wer): Balafoutas, Loukas ; Beck, Adrian ; Kerschbamer, Rudolf ; Sutter, Matthias
• Ereignis: Veröffentlichung
• (wer): Center for Economic Studies and ifo Institute (CESifo)
• (wo): Munich
• (wann): 2011

Weitere Informationen

• Handle: http://hdl.handle.net/10419/46536
• Letzte Aktualisierung: 10.03.2025, 11:42 MEZ