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Show and Tell? An Experimental Examination of Customer Signals and Expert Requests in Conflict of Interest Situations

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서명/저자사항Show and Tell? An Experimental Examination of Customer Signals and Expert Requests in Conflict of Interest Situations.
개인저자Koch, Ingrid O.
단체저자명The University of Wisconsin - Madison. Business.
발행사항[S.l.]: The University of Wisconsin - Madison., 2019.
발행사항Ann Arbor: ProQuest Dissertations & Theses, 2019.
형태사항154 p.
기본자료 저록Dissertations Abstracts International 81-03A.
Dissertation Abstract International
ISBN9781085620499
학위논문주기Thesis (Ph.D.)--The University of Wisconsin - Madison, 2019.
일반주기 Source: Dissertations Abstracts International, Volume: 81-03, Section: A.
Advisor: Lim, Tai S.
이용제한사항This item must not be sold to any third party vendors.
요약Across many industries, consumers rely on professional advisors for information and expertise. Often these advisors have a conflict of interest (COI), such that they can potentially benefit from deceiving customers. In this paper, I present a series of 3 lab experiments and 1 field to delineate how customer signals and professional requests affect outcomes in COI situations. In two lab experiments, I demonstrate that customers often send trust signals to experts, and while weak trust signals (i.e., statements of trust) can improve outcomes, stronger trust signals (i.e., decision delegation) can backfire. Interestingly, however, the detrimental effect of delegation is dampened when experts can specifically request that customers delegate. Relatedly, in a field experiment in the context of taxi services, I find that passengers who signal misinformation are taken on longer and more expensive taxi rides. Moreover, consistent with the lab findings, evidence suggests that a strong signal of trust on top of misinformation can increase driver deception even further. The results have important implications for both customers and practitioners across various COI contexts.
일반주제명Marketing.
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