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Consumer Beliefs and Buyer and Seller Behavior in the Vehicle Inspection Market

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NBER1997-10-01 更新2025-01-04 收录
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https://www.nber.org/papers/w6245
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Moral hazard exists in diagnosis-cure' markets because sellers have an incentive to" shade their reports of buyers' condition to increase the short-run demand for the treatments they" supply. The California vehicle emission inspection market offers a rare opportunity to examine" how incentives
提供机构:
美国国家经济研究局
创建时间:
1997-10-01
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