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 16-20 | Innsbruck Winter School on Credence Goods, Incentives and Behavior
• May 19-20 | Innsbruck Winter Summit - (Un)Ethical Behavior in Markets
• May 25, 12pm | Uwe SUNDE | LMU Munich
  Topic: Decisions and Performance Under Bounded Rationality: Evidence from a Computational Benchmark
• June 1, 12pm | Eszter CIBOR | University of Iceland
  Topic: Loss-framed incentives and employee (mis-)behavior
• June 8, 3pm | Catherine ECKEL | Texas A&M U
  Topic: tba
• June 15 | Marieke BOS | SSE
  Topic: tba

Related Publications

Hedegaard, M., Kerschbamer, R., Mueller, D., Tyran, J.-R. (2021), Distributional Preferences Explain Behavior across Games and Time, forthcoming in Games and Economic Behavior.

Bindra, C., Kerschbamer, R., Neururer, D., Sutter, M. (2021), On the Value of Second Opinions: A Credence Goods Field Experiment, forthcoming in Economic Letters.

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]

Credence Goods on Stage

Participating Institutions

Department of Banking and Finance
Department of Economics
Department of Public Finance
Research Area EPoS Economy, Politics and Society