Decision makers lacking crucial specialist know-how often consult with better informed but biased experts. In our model … the decision maker's choice problem is binary and her preferred option depends on the state of the world unknown to her …. The expert observes the state and sends a report to the decision maker. His bias is such that he prefers the same decision …

is likely to induce a decision choice by P, after the resolution of the residual uncertainty, that is either close to A … A thus favors truthful reporting. Second, by retaining authority of decision making and communicating with A, P avoids …

Two experts make yes/no predictions about whether an event, such as an economic crisis, will occur. They receive … ultimately convey. The experts may care about both absolute and relative performance. We show that when both experts receive … such experts. We find that, without the possibility of huge transfers, society's ability to extract good advice or even to …