scholarly journals Left, Right, and Center: Strategic Information Acquisition and Diversity in Judicial Panels

2011 ◽  
Vol 29 (3) ◽  
pp. 638-680 ◽  
Author(s):  
M. Spitzer ◽  
E. Talley
2006 ◽  
Vol 19 (3) ◽  
pp. 967-1000 ◽  
Author(s):  
Robert Hauswald ◽  
Robert Marquez

2016 ◽  
Vol 8 (3) ◽  
pp. 119-155 ◽  
Author(s):  
Rossella Argenziano ◽  
Sergei Severinov ◽  
Francesco Squintani

This paper explores the implications of costly information acquisition in a strategic communication setting. We show that equilibrium decisions based on a biased expert's advice may be more precise than when information is directly acquired by the decision maker, even if the expert is not more efficient than the decision maker at acquiring information. This result bears important implications for organization design. Communication by an expert to a decision maker may often outperform delegation of the decision-making authority to the expert, as well as centralization by the decision maker of both information acquisition and decision-making authority. (JEL C72, D23, D82, D83)


2001 ◽  
Vol 52 (3) ◽  
pp. 316-327 ◽  
Author(s):  
Andreas Szczutkowski

1992 ◽  
Author(s):  
Geoffrey Loftus ◽  
Thomas Busey ◽  
John Senders

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