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Chapter 10 Experts and Information Choice

Experts and Epistemic Monopolies

ISBN: 978-1-78190-216-5, eISBN: 978-1-78190-217-2

Publication date: 6 September 2012

Abstract

Experts respond to the same incentives as people in other areas of human action, and in the same ways. This insight is a truism: Experts are ordinary people, not otherworld creatures. The disciplined pursuit of this common sense observation helps us to reach conclusions about experts that might be surprising or counterintuitive.

Citation

Koppl, R. (2012), "Chapter 10 Experts and Information Choice", Koppl, R., Horwitz, S. and Dobuzinskis, L. (Ed.) Experts and Epistemic Monopolies (Advances in Austrian Economics, Vol. 17), Emerald Group Publishing Limited, Leeds, pp. 171-202. https://doi.org/10.1108/S1529-2134(2012)0000017012

Publisher

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Emerald Group Publishing Limited

Copyright © 2012, Emerald Group Publishing Limited