Arbeitspapier
What drives taxi drivers? A field experiment on fraud in a market for credence goods
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.
- Sprache
-
Englisch
- Erschienen in
-
Series: IZA Discussion Papers ; No. 5700
- Klassifikation
-
Wirtschaft
Field Experiments
Asymmetric and Private Information; Mechanism Design
- Thema
-
credence goods
expert services
natural field experiment
taxi rides
fraud
asymmetric information
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Balafoutas, Loukas
Beck, Adrian
Kerschbamer, Rudolf
Sutter, Matthias
- Ereignis
-
Veröffentlichung
- (wer)
-
Institute for the Study of Labor (IZA)
- (wo)
-
Bonn
- (wann)
-
2011
- Handle
- URN
-
urn:nbn:de:101:1-201105173059
- Letzte Aktualisierung
-
10.03.2025, 11:41 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Balafoutas, Loukas
- Beck, Adrian
- Kerschbamer, Rudolf
- Sutter, Matthias
- Institute for the Study of Labor (IZA)
Entstanden
- 2011
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