Essays in experimental economics

Momsen, Katharina

Essays_in_Experimental_Economics_Katharina_Momsen.pdf - Published

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URN: urn:nbn:de:bsz:180-madoc-428579
Document Type: Doctoral dissertation
Year of publication: 2017
Place of publication: Mannheim
University: Universität Mannheim
Evaluator: Orzen, Henrik
Date of oral examination: 15 August 2017
Publication language: English
Institution: School of Law and Economics > Graduiertenkolleg VWL/BWL
Außerfakultäre Einrichtungen > Graduate School of Economic and Social Sciences - CDSE (Economics)
School of Law and Economics > Experimentelle Wirtschaftsforschung (Orzen 2009-)
Subject: 330 Economics
Subject headings (SWD): Experimentelle Wirtschaftsforschung , Verhaltensökonomie , Industrieökonomie
Keywords (English): Experimental Economics , Limited Information , Search , Communication , Credence Goods
Abstract: This thesis contains three self-contained articles, each studying decisions made under incomplete information among buyers with the help of experiments. While Chapter 2 and Chapter 3 study the interaction of buyers and sellers in different market settings, Chapter 4, which is joint work with Henrik Orzen, focuses on consumer decision making. Chapter 2 analyzes markets for horizontally differentiated credence goods in which competing sellers have the option to give buyers non-verifiable recommendations. In Chapter 3 I investigate the influence of better price information and the possibility to communicate among buyers on prices and welfare in posted offer markets with capacity constrained sellers. Chapter 4 seeks to identify decision making heuristics used by buyers in an environment with very limited information both from a one-shot perspective and over time.
Additional information: Vollständiger Name: Momsen, Katharina Sabine

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