Decision makers lacking crucial specialist know-how often consult with better informed but biased experts. In our model …, and to situations with multiple experts and uncertainty about the size of the expert's bias. …

market efficiency in a setting in which experts need to invest in costly but unobservable effort to identify consumer … problems and consumers are able to visit multiple experts for diagnosis. We introduce heterogeneously-qualified experts … Sisyphean task, as theory predicted. Nevertheless, we observe high skilled experts investing significantly less effort in …

focusing on human experts as a source of insight into the basis for reasoning errors. A theory of expertise for diagnostic …

Decision makers lacking crucial specialist know-how often consult with better informed but biased experts. In our model …, and to situations with multiple experts and uncertainty about the size of the expert's bias. …