Motivated by markets for ''expertise,'' we study a bandit model where a principal chooses between a safe and risky arm. A strategic agent controls the risky arm and privately knows whether its type is high or low. Irrespective of type, the agent wants to maximize duration of experimentation with...

This paper endogenizes the matching structure of teams in a simple environment with moral hazard. We show that team incentive problems may, on their own, generate monotone matching predictions in the absence of complementarities or anti-complementarities in production technology. We also derive...