Diamantopoulos, Angelos and Nikandrova, Arina (2025) 'Delegation of learning from multiple sources of information.' European Economic Review, 173. p. 104981.
|
Text
- Published Version
Available under License Creative Commons Attribution-NonCommercial 4.0 (CC BY-NC 4.0). Download (1MB) | Preview |
Alternative Location: https://www.sciencedirect.com/science/article/pii/...
Abstract
A principal delegates a decision to a biased expert. Before taking the decision, the expert may undertake incremental learning about the unknown binary state from two alternative information sources. There are no transfers but the principal retains the right to terminate the expert’s learning to take the decision herself. The right to terminate learning benefits the principal when the preferences of the principal and the expert are sufficiently misaligned but may be detrimental when the preferences are sufficiently closely aligned.
| Item Type: | Journal Article |
|---|---|
| Keywords: | Delegation of learning, Poisson process, Learning in continuous time |
| SOAS Departments & Centres: | Departments and Subunits > Department of Economics |
| ISSN: | 00142921 |
| DOI (Digital Object Identifier): | https://doi.org/10.1016/j.euroecorev.2025.104981 |
| SWORD Depositor: | JISC Publications Router |
| Date Deposited: | 15 Feb 2025 07:44 |
| URI: | https://eprints.soas.ac.uk/id/eprint/43415 |
Altmetric Data
Statistics
Download activity - last 12 months
Downloads since deposit
6 month trend
6 month trend
Accesses by country - last 12 months | Accesses by referrer - last 12 months |
Repository staff only
 |
Edit Item |