Chapter 10 Experts and Information Choice

Roger G. Koppl

8 citations0/0 files storedAdvances in Austrian economics

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Decision-Making and Behavioral Economics Economic Theory and Institutions Expert finding and Q&A systems

Abstract

Experts respond to the same incentives as people in other areas of human action, and in the same ways. This insight is a truism: Experts are ordinary people, not otherworld creatures. The disciplined pursuit of this common sense observation helps us to reach conclusions about experts that might be surprising or counterintuitive.

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1974Judgment under Uncertainty: Heuristics and Biases 1970The Market for "Lemons": Quality Uncertainty and the Market Mechanism 1975Judgment under Uncertainty: Heuristics and Biases 2000Economics and Identity*2005Why Most Published Research Findings Are False 1973The Economic Theory of Agency: The Principal's Problem.1963The Calculus of Consent: Logical Foundations of Constitutional Democracy.2005Identity and the Economics of Organizations

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