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We study the choice of a principal to either delegate a decision to a group of careerist experts, or to consult them … aggregation. On the one hand, the expected benefit from being informed is larger in case the experts are consulted individually …. Hence, the experts either acquire the same or a larger amount of information, depending on the cost of information, than in …
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of the project, and hold additional private information about its consequences. They are experts who care about the value …
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