{"id":6020,"date":"2017-02-01T11:49:00","date_gmt":"2017-02-01T10:49:00","guid":{"rendered":"http:\/\/c-seb.de\/en\/?p=6020"},"modified":"2018-04-09T10:37:12","modified_gmt":"2018-04-09T08:37:12","slug":"taxi-drivers-overcharge-when-passengers-are-on-expenses","status":"publish","type":"post","link":"https:\/\/c-seb.de\/en\/in-the-media\/taxi-drivers-overcharge-when-passengers-are-on-expenses\/","title":{"rendered":"Taxi drivers overcharge when passengers are on expenses"},"content":{"rendered":"<h3 class=\"h5\" style=\"color: #33475b;\">The Economist, 01.02.2017 | o.A.<\/h3> &#8220;Moral hazard is a problem that crops up frequently in economics. People behave differently if they do not face the full costs or risks of their actions: deposit insurance makes customers less careful about choosing their banks, for example.[&#8230;] A newly published paper [\u201cSecond-Degree Moral Hazard in a Real-World Credence Goods Market\u201d by Loukas Balafoutas, Rudolf Kerschbamer and Matthias Sutter] sets out to test this secondary problem by examining a common-enough situation\u2014taking a taxi ride in a strange city.&#8221;","protected":false},"excerpt":{"rendered":"<p>The Economist, 01.02.2017 | o.A. &#8220;Moral hazard is a problem that crops up frequently in economics. People behave differently if \u2026<\/p>\n","protected":false},"author":15,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"link","meta":{"_acf_changed":false,"footnotes":""},"categories":[41],"tags":[],"class_list":["post-6020","post","type-post","status-publish","format-link","hentry","category-in-the-media","post_format-post-format-link","years-353","person-sutter-matthias-en"],"acf":[],"_links":{"self":[{"href":"https:\/\/c-seb.de\/en\/wp-json\/wp\/v2\/posts\/6020","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/c-seb.de\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/c-seb.de\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/c-seb.de\/en\/wp-json\/wp\/v2\/users\/15"}],"replies":[{"embeddable":true,"href":"https:\/\/c-seb.de\/en\/wp-json\/wp\/v2\/comments?post=6020"}],"version-history":[{"count":4,"href":"https:\/\/c-seb.de\/en\/wp-json\/wp\/v2\/posts\/6020\/revisions"}],"predecessor-version":[{"id":6906,"href":"https:\/\/c-seb.de\/en\/wp-json\/wp\/v2\/posts\/6020\/revisions\/6906"}],"wp:attachment":[{"href":"https:\/\/c-seb.de\/en\/wp-json\/wp\/v2\/media?parent=6020"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/c-seb.de\/en\/wp-json\/wp\/v2\/categories?post=6020"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/c-seb.de\/en\/wp-json\/wp\/v2\/tags?post=6020"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}