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 Date: 2011-09-16 09:59:57Monopoly Economics Asymmetric information Credence good Goods |
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Date: 2011-09-16 09:59:57Monopoly Economics Asymmetric information Credence good Goods |
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When do experts cheat and whom do they target? Yuk-fai Fong* A credence good is a product or service whose usefulness or necessity is better known to the seller than to the buyer. This information asymmetry often persist