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Title:Car mechanics in the lab : investigating the behavior of real experts on experimental markets for credence goods Author(s):BECK, Adrian; KERSCHBAMER, Rudolf; QIU, Jianying; SUTTER, MatthiasDate:2014Type:Working PaperSeries/Number:EUI ECO; 2014/02Abstract:Credence goods, such as car repairs or medical services, are characterized by severe informational asymmetries between sellers and consumers, leading to fraud in the form of provision of insufficient service (undertreatment), ...