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 - Credence good - Document - PDFSEARCH.IO

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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 Add to Reading List Document Date: 2011-09-16 09:59:57 Open Document File Size: 287,08 KB Share Result on Facebook Company Kellogg / / / Facility Boston University / Northwestern University / The Hong Kong University of Science / Leverone Hall / / IndustryTerm costly treatment services / insurance coverage / real estate agents / car mechanics / inferior services / credence services / diﬀerent services / expert services / / Organization School of Management / Northwestern University / Hong Kong University of Science and Technology / Boston University / California’s Bureau of Consumer Aﬀairs / / Person John Leahy / Albert Ma / Allen Wood / John Wooders / Jay Surti / Ling Huynh / Eric Chou / Robert Rosenthal / / / Position author / Editor / Prime Minister / model / pm / ps } / physician / charges pm / general model / social planner / price pm / / ProvinceOrState California / / SocialTag Monopoly Economics Asymmetric information Credence good Goods

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 persistAdd to Reading List