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- Experience_good abstract "In economics, an experience good is a product or service where product characteristics, such as quality or price are difficult to observe in advance, but these characteristics can be ascertained upon consumption. The concept is originally due to Philip Nelson, who contrasted an experience good with a search good.Experience goods pose difficulties for consumers in accurately making consumption choices. In service areas, such as healthcare, they reward reputation and create inertia. Experience goods typically have lower price elasticity than search goods, as consumers fear that lower prices may be due to unobservable problems or quality issues. Post-experience goods, also called credence goods, are goods for which it is difficult for consumers to ascertain the quality even after they have consumed them, such as vitamin supplements. Potential consumers of these goods may require third-party information, provided by private rating agencies or government bodies.".
- Experience_good wikiPageID "1022822".
- Experience_good wikiPageRevisionID "542493763".
- Experience_good hasPhotoCollection Experience_good.
- Experience_good subject Category:Goods.
- Experience_good type Abstraction100002137.
- Experience_good type Advantage105155821.
- Experience_good type Asset105154517.
- Experience_good type Attribute100024264.
- Experience_good type Good105159725.
- Experience_good type Goods.
- Experience_good type Quality104723816.
- Experience_good comment "In economics, an experience good is a product or service where product characteristics, such as quality or price are difficult to observe in advance, but these characteristics can be ascertained upon consumption. The concept is originally due to Philip Nelson, who contrasted an experience good with a search good.Experience goods pose difficulties for consumers in accurately making consumption choices. In service areas, such as healthcare, they reward reputation and create inertia.".
- Experience_good label "Experience good".
- Experience_good label "经验品".
- Experience_good sameAs m.03_3lv.
- Experience_good sameAs Q822713.
- Experience_good sameAs Q822713.
- Experience_good sameAs Experience_good.
- Experience_good wasDerivedFrom Experience_good?oldid=542493763.
- Experience_good isPrimaryTopicOf Experience_good.