EXPERTS AND THEIR RECORDS

نویسندگان
چکیده

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Experts and Their Records

Consider an environment where long-lived experts repeatedly interact with shortlived customers. In periods when an expert is hired, she chooses between providing a profitable major treatment or a less profitable minor treatment. The expert has private information about which treatment best serves the customer, but has no direct incentive to act in the customer’s interest. Customers can observe ...

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Consider an environment where long-lived experts repeatedly interact with short-lived customers. In periods when an expert is hired, she chooses between providing a profitable major treatment or a less profitable minor treatment. The expert has private information about which treatment best serves the customer, but has no direct incentive to act in the customer's interest. Customers can observe...

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A high degree of user control has long been recognized as an important factor in the acceptance of data and information-based computer systems. Users of knowledge-based systems (KBS) also desire control but the complex approaches developed to address some of the limitations of KBS has resulted in systems controlled by knowledge engineers rather than the end-user. We offer a knowledge acquisitio...

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ژورنال

عنوان ژورنال: Economic Inquiry

سال: 2013

ISSN: 0095-2583

DOI: 10.1111/ecin.12035