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  • No bulls: Experimental evid...
    Hasanain, Syed Ali; Khan, Muhammad Yasir; Rezaee, Arman

    Journal of development economics, March 2023, 2023-03-00, Letnik: 161
    Journal Article

    We implement a platform to crowdsource information about service provision quality and prices charged and reveal this information to consumers in a market – artificial insemination of livestock in Punjab, Pakistan – where individual signals of quality are noisy. We measure the impact of this information revelation using a randomized controlled trial. Farmers receiving information enjoy 25% higher insemination success and no higher prices than controls. These effects are due to existing veterinarians increasing effort, rather than farmers switching to possibly higher-quality providers. These results illustrate the viability of information clearinghouses successfully aggregating information in low-capacity markets. They also suggest the importance of doing so by implying large welfare benefits from our low-cost information intervention.