TY - JOUR A1 - Abeler, Johannes A1 - Calaki, Juljana A1 - Andree, Kai A1 - Basek, Christoph T1 - The power of apology N2 - How should firms react to customer complaints after an unsatisfactory purchase? In a field experiment, we test the effect of different reactions and find that a cheap-talk apology yields significantly better outcomes for the firm than offering a monetary compensation. Y1 - 2010 UR - https://publishup.uni-potsdam.de/frontdoor/index/index/docId/30984 UR - http://www.sciencedirect.com/science/journal/01651765 SN - 0165-1765 ER -