politicians and experts in organizations. for politicians and experts in organizations. …

& Wang, 2006, Wang et al., 2010): on the one hand experts usually give a too truthful advice, they overcommunicate. On the … other hand the decision makers rely too much on the received information. Moreover, communication as well as payoffs … communication is less biased. In all treatments, however, the messages are more precise than theoretically predicted. …

An agent searches sequentially for advice from multiple experts concerning the payoff of taking an operation. After … infinitely many experts, each has access to an identically and conditionally independent signal structure about the payoff, and … each makes a recommendation after observing the signal realization. We find that the experts face a loser's curse, which …

A decision-maker solicits information from two partially informed experts and then makes a choice under uncertainty …. The experts can be either moderately or extremely biased relative to the decision-maker, which is their private … information. I investigate the incentives of the experts to share their private information with the decision-maker and analyze …