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econ.GN2024★ 1 cited
Consumer Behavior under Benevolent Price Discrimination
Alexander Erlei, Mattheus Brenig, Nils Engelbrecht
Extensive research shows that consumers are generally averse to price discrimination. However, instruments of differential pricing can benefit consumer surplus and alleviate inequi…
econ.GN2024
Reputation-Driven Adoption and Avoidance of Algorithmic Decision Aids in Credence Goods Markets
Alexander Erlei, Lukas Meub
In credence goods markets such as health care or repair services, consumers rely on experts with superior information to adequately diagnose and treat them. Experts, however, are c…