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This paper studies optimal decision rules for a decision maker who can consult two experts in an environment without monetary payments. This extends the previous work by Holmström (1984) and Alonso and Matouschek (2008) who consider environments with one expert. In order to derive optimal...
Persistent link: https://www.econbiz.de/10010280752
Persistent link: https://www.econbiz.de/10009727093
This paper studies optimal decision rules for a decision maker who can consult two experts in an environment without monetary payments. This extends the previous work by Holmström (1984) and Alonso and Matouschek (2008) who consider environments with one expert. In order to derive optimal...
Persistent link: https://www.econbiz.de/10008746179
Persistent link: https://www.econbiz.de/10011523488
Persistent link: https://www.econbiz.de/10012064475