Universität zu Köln

Conrads, Julian, Ebeling, Felix and Lotz, Sebastian (2015). (Dis-)honesty: Measuring overcharging in a real-world marker. J. Behav. Exp. Econ., 57. S. 98 - 103. NEW YORK: ELSEVIER SCIENCE INC. ISSN 2214-8051

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Abstract

The present research investigates the occurrence of honest vs. dishonest behavior in a real-world competitive retail market involving the sales of loose candy that is priced according to a pay-per-weight scheme. Our results provide evidence for a high degree of honesty among sellers. There are only a few cases of overcharging, in particular when scales are hidden from the buyer (Study 1). Further details suggest that many sellers are consistently honest over repeated sales, and that honesty is robust to the appearance of the buyer or the amount that was purchased (Study 2). We discuss sellers' concerns for reputation as a plausible explanation for our results. (C) 2015 Elsevier Inc. All rights reserved

Item Type:	Journal Article
Creators:	Creators Email ORCID ORCID Put Code Conrads, Julian UNSPECIFIED UNSPECIFIED UNSPECIFIED Ebeling, Felix UNSPECIFIED UNSPECIFIED UNSPECIFIED Lotz, Sebastian UNSPECIFIED UNSPECIFIED UNSPECIFIED
URN:	urn:nbn:de:hbz:38-397116
DOI:	10.1016/j.socec.2015.05.003
Journal or Publication Title:	J. Behav. Exp. Econ.
Volume:	57
Page Range:	S. 98 - 103
Date:	2015
Publisher:	ELSEVIER SCIENCE INC
Place of Publication:	NEW YORK
ISSN:	2214-8051
Language:	English
Faculty:	Unspecified
Divisions:	Unspecified
Subjects:	no entry
Uncontrolled Keywords:	Keywords Language FAIRNESS Multiple languages Economics Multiple languages
URI:	http://kups.ub.uni-koeln.de/id/eprint/39711