Loss, Frédéric; Malavolti, Estelle; Vergé, Thibaud - Centre de Recherche en Économie et Statistique … - 2013
We study information transmission between an informed expert and an uninformed decision-maker when the decision is binary and the expert does not have a systematic bias. Whenever, an equilibrium exists where the decision is delegated to the expert, it is ex-ante Pareto-dominant. Adding a round...