We examine misconduct in credence good markets with price taking experts. We propose a market-level model in which … price-taking experts extract surplus based on the value of their firm's brand and their own skill. We test the predictions … independent experts, despite doing substantially less business. In addition, more experienced experts attract more complaints per …

Consider an environment where long-lived experts repeatedly interact with short-lived customers. In periods when an … appropriate. We find that there exists an equilibrium in which experts always play truthfully and choose the customer's preferred …If experts have private information regarding their own payoffs as well as what treatments are appropriate, then there …

behavioral experts regarding the effectiveness of the treatments, allowing us to compare results to expectations. We find that (i … compare the results to forecasts by 208 experts. On average, the experts anticipate several key features, like the … effectiveness of psychological motivators. A sizeable share of experts, however, expects crowd-out, probability weighting, and pure …

Physicians, acting in their role as experts, are often faced with situations where they must trade off personal and …

combines these methods by using observed decisions by experts to reduce the demensionality of the feature space and allow the … categorization of decisions by their propensity score. The fact that the human capital of experts is heterogeneous implies that …