Cheap Talk with Multiple Experts and Uncertain Biases

A decision-maker solicits information from two partially informed experts and then makes a choice under uncertainty. The experts can be either moderately or extremely biased relative to the decision-maker, which is their private information. I investigate the incentives of the experts to share their private information with the decision-maker and analyze the resulting effects on information transmission. I show that it may be optimal to consult a single expert rather than two experts if the decision-maker is sufficiently concerned about taking advice from extremely biased experts. In contrast to what may be expected, this result suggests that getting a second opinion may not always be helpful for decision making