About

The SFB F63 "Credence Goods, Incentives and Behavior" is a joint research project including the project part leaders Loukas Balafoutas, Esther Blanco, Jürgen Huber, Rudolf Kerschbamer, Michael Kirchler, and Markus Walzl.

The project’s aim is to analyze key determinants of individual behavior and market performance in credence goods markets with a variety of methods, combining theoretical work, laboratory experiments and field experiments. The research group consists of more than 30 scholars from economics and finance, thus bridging research across both fields.

Supported by:

Upcoming Events

• May 19, 12pm | Antonio ROSATO | UTS Business School
  Topic: A Novel Experimental Test of Truthful Bidding in Second-Price Auctions with Real Objects
• May 27 | Katharina MOMSEN | University of Innsbruck
  Topic: tba
• May 20, 3pm | Alexander RASCH | University of Duesseldorf
  Topic: tba
• May 26, 12pm | Jianpei LI | University of International Business and Economics
  Topic: Signaling versus Auditing
• June 2, 12pm | Jonas LOEBBING | LMU Munich
  Topic: Inefficiency and Regulation in Credence Goods Markets with Altruistic Experts"
• June 9, 3pm | Alex IMAS | University of Chicago
  Topic: tba

Related Publications

Balafoutas, L., Kerschbamer, R. (2020), Credence goods in the literature: What the past fifteen years have taught us about fraud, incentives, and the role of institutions. Journal of Behavioral and Experimental Finance. [more]

Kirchler, M., Lindner, F., Weitzel, U. (forthcoming), Rankings and risk-taking in the finance industry. Journal of Finance. [more]

Holzmeister, F., Huber, J., Kirchler, M., Lindner, F., Weitzel, U., Zeisberger, S. (2020), What drives risk perception? A global survey with financial professionals and lay people. Management Science. [more]

Sutter, M., Huber, J., Kirchler, M., Stefan, M., Walzl, M. (2020), Where to look for the morals in markets. Experimental Economics. [more]

Kerschbamer, R., Neururer, D., Gruber, A. (2019), Do the altruists lie less? Journal of Economic Behavior and Organization. [more]

Weitzel, U., Huber, C., Huber, J., Kirchler, M., Lindner, F., Rose, J. (2019), Bubbles and financial professionals. Review of Financial Studies. [more]

Balafoutas, L., Kerschbamer, R. and Sutter, M. (2017), Second-Degree Moral Hazard In A Real-World Credence Goods Market. Economic Journal. [more]

Credence Goods on Stage

Participating Institutions

Department of Banking and Finance
Department of Economics
Department of Public Finance
Research platform "Empirical and Experimental Economics"