Showing 1 - 10 of 4,834
We investigate information aggregation and competition in a delegationframework. An uninformed principal is unable to perform a task herself andmust choose between one of two biased and imperfectly informed experts. Inthe focal equilibrium, experts exaggerate their biases, anticipating...
Persistent link: https://www.econbiz.de/10011458111
Persistent link: https://www.econbiz.de/10011591802
Persistent link: https://www.econbiz.de/10011738513
Persistent link: https://www.econbiz.de/10011802945
Persistent link: https://www.econbiz.de/10011803598
Persistent link: https://www.econbiz.de/10013473608
Persistent link: https://www.econbiz.de/10003738275
(volume) and by the heterogeneity of story content (information entropy). Disagreement of professionals does not depend on … and professionals primarily depends on the current rate of inflation. -- forecast disagreement ; inflation expectations …
Persistent link: https://www.econbiz.de/10003908680
Persistent link: https://www.econbiz.de/10003994007