pervasiveness of the phenomenon, the nature of the task facing economists-as-experts, and the character of the institutional …Drawing on research in the psychology of judgment and decision making, I argue that individual economists acting as … experts in matters of public policy are likely to be victims of significant overconfidence. The case is based on the …

USA. Possible reasons for the changes are explored. Special attention is given to the more favourable reception of Roscher … in the USA as opposed to the UK. A central point is that his influence and importance in the USA changed as time passed …

representatives as useful and how government representatives use input provided by experts. It widens the analytical lens examining …

aspect of the services of experts (e.g., of doctors, lawyers, and accountants), and the role that voluntary pro bono work … might play. Expert services have un- verifiable quality to non-experts and are subject to moral hazard. Experts who cheat … their customers should crowd out experts who do not, resulting in low trust, prestige, and wages. We ask how pro bono work …

differently than individuals as they rely significantly less on useless outside advice from “experts” and choose the risk …