(Dis-)honesty: Measuring overcharging in a real-world market

B-Tier
Journal: Journal of Behavioral and Experimental Economics
Year: 2015
Volume: 57
Issue: C
Pages: 98-102

Authors (3)

Conrads, Julian (not in RePEc) Ebeling, Felix (Universität zu Köln) Lotz, Sebastian (not in RePEc)

Score contribution per author:

0.670 = (α=2.01 / 3 authors) × 1.0x B-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

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.

Technical Details

RePEc Handle
repec:eee:soceco:v:57:y:2015:i:c:p:98-102
Journal Field
Experimental
Author Count
3
Added to Database
2026-01-25