In almost every corner of our private and public lives we rely on experts to advise us. This important species of labor is getting increasing attention from economists, who are beginning to learn how to apply their tools and assumptions to the problem of expertise. Under what conditions of...

Under what conditions of supply and demand are experts likely to give us good advice? When is expert failure more likely? Do entrepreneurs challenge existing expertise? Are they experts themselves? This title brings a heterogeneous collection of thinkers, some "Austrian" and to engage the...

Das ostdeutsche Forschungspersonal erlebte nach der Wende einen radikalen Kurswechsel. War in der ehemaligen DDR, gemessen an der Bevölkerungszahl, relativ mehr Personal in der Forschung und Entwicklung eingesetzt als im Westen Deutschlands, gab es anschließend nur wenige Forscher, die noch...