Preselection and Expert Advice

We study the effects of preselection on an expert’s incentive to give truthful advice in a decision environment in which certain decisions yield more precise estimates about the expert’s expertise. The introduction of a preselection stage, in which the decision maker can study the case before asking...

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Bibliographic Details
Published in:MAGKS - Joint Discussion Paper Series in Economics (Band 25-2015)
Main Authors: Schulte, Elisabeth, Felgenhauer, Mike
Format: Article
Language:English
Published: Philipps-Universität Marburg 2015
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Online Access:PDF Full Text
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MAGKS - Joint Discussion Paper Series in Economics