Uwe Dulleck on Credence Goods

Uwe Dulleck is a leading theorist on Credence Goods, a class of economic good defined by the fact that consumers can't verify the quality of what they've bought. Think car mechanics or medical procedures. Or insurance!Uwe's expertise doesn't end there of course and we talk about why people pay taxes, cybersecurity and some interesting ways Uwe has innovated on connecting academic work to real hard tech innovation. I had never heard to credence goods until a few months ago and it astonished me that there was a whole corner of economic thought devoted to consumers figuring out who to trust to get the right deal for themselves. It's an incredible and, in a world of ever-increasing specialization, increasingly important concept!Show Notes:https://notunreasonable.com/2021/11/26/uwe-dulleck-on-credence-goods/Twitter: @davecwrightSurprise, It's Insurance mailing listLinkedin Social Science of Insurance Essays