G2TT
来源类型Discussion paper
规范类型论文
来源IDDP12706
DP12706 Delegated Expertise, Authority, and Communication
Dezso Szalay; Inga Deimen
发表日期2018-02-10
出版年2018
语种英语
摘要A decision-maker needs to reach a decision and relies on an expert to acquire information. Ideal actions of expert and decision-maker are partially aligned and the expert chooses what to learn about each. The decision-maker can either get advice from the expert or delegate decision-making to him. Under delegation, the expert learns his privately optimal action and chooses it. Under communication, advice based on such information is discounted, resulting in losses from strategic communication. We characterize the communication problems that make the expert acquire information of equal use to expert and decision-maker. In these problems, communication outperforms delegation.
主题Industrial Organization
关键词Endogenous information Delegated expertise Strategic information transmission Delegation Effectiveness of biased communication
URLhttps://cepr.org/publications/dp12706
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/541518
推荐引用方式
GB/T 7714
Dezso Szalay,Inga Deimen. DP12706 Delegated Expertise, Authority, and Communication. 2018.
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