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Delegating Decisions to Experts

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Author Info
Hao Li
Wing Suen

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Abstract

We present a model of delegation with self-interested and privately informed experts. A team of experts with extreme but opposite biases is acceptable to a wide range of decision makers with diverse preferences, but the value of expertise from such a team is low. A decision maker wants to appoint experts who are less partisan than he is in order to facilitate information pooling by the expert team. Selective delegation, either by controlling the decision-making process or by conditioning the delegation decision on his own information, is an effective way for the decision maker to safeguard own interests while making use of expert information.

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Publisher Info
Article provided by University of Chicago Press in its journal Journal of Political Economy.

Volume (Year): 112 (2004)
Issue (Month): S1 (February)
Pages: S311-S335
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Handle: RePEc:ucp:jpolec:v:112:y:2004:i:s1:p:s311-s335

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  1. Yeon-Koo Che & Navin Karthik, 2007. "Opinions as incentives," Discussion Papers 0708-09, Columbia University, Department of Economics. [Downloadable!]
  2. Che, Yeon-Koo & Kartik, Navin, 2006. "Opinion as Incentives," MPRA Paper 6094, University Library of Munich, Germany, revised 15 Nov 2007. [Downloadable!]
  3. Robin Boadway & Motohiro Sato, 2006. "Bureaucratic Advice and Political Governance," Working Papers 2006-03, University of Kentucky, Institute for Federalism and Intergovernmental Relations. [Downloadable!]
    Other versions:
  4. Ulrich Doraszelski, 1999. "Deliberations with Double-Sided Information," Discussion Papers 1276R, Northwestern University, Center for Mathematical Studies in Economics and Management Science. [Downloadable!]
  5. Priyodorshi Banerjee, 2008. "Conflict and Consensus: A Theory of Control in Organisations," Topics in Theoretical Economics, Berkeley Electronic Press, vol. 8(1), pages 1421-1421. [Downloadable!] (restricted)
  6. Hao Li & Sherwin Rosen & Wing Suen, 2001. "Conflicts and Common Interests in Committees," American Economic Review, American Economic Association, vol. 91(5), pages 1478-1497, December. [Downloadable!] (restricted)
    Other versions:
  7. Priyodorshi Banerjee, 2007. "Collective Punishments: Incentives and Examinations in Organisations," Contributions to Theoretical Economics, Berkeley Electronic Press, vol. 7(1), pages 1388-1388. [Downloadable!] (restricted)
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